kill! Bitcoin flash crash pin 90,500, ETH once fell to 3,700 US dollars, long and short double kills, more than 210,000 people liquidated their positions to 1 billion US dollars

Bitcoin broke the $100,000 mark for the first time on the 6th, reaching a high of $104,088. However, this six-digit price did not last even a day, as Bitcoin opened a new downward trend last night at 11 o'clock, and by 4 o'clock this morning, it had plunged to $97,888, officially returning to the familiar five-digit price range. Earlier, Bitcoin plunged to a low of $90,500, but has since rebounded to $96,377, a 1.9% drop in the past 24 hours. Ethereum also experienced a flash crash earlier, briefly dropping to $3,677, before rebounding to the current $3,825.39, a 0.5% drop in the past 24 hours. Meanwhile, after this downturn, the market has seen a "double kill" of both long and short positions. According to Coinglass data, the total amount of cryptocurrency liquidations in the past 24 hours reached $1.08 billion, with long positions accounting for $812 million and short positions $270 million, affecting over 211,000 people.