ChainCatcher 消息，据 Coinglass 数据，过去 24 小时全网爆仓 12.98 亿美元，多单爆仓 1.59 亿美元，空单爆仓 11.39 亿美元。其中比特币多单爆仓 2486.64 万美元，比特币空单爆仓 6.54 亿美元，以太坊多单爆仓 4665.51 万美元，以太坊空单爆仓 2.15 亿美元。 此外，最近 24 小时，全球共有 280784 人被爆仓，最大单笔爆仓单发生在Binance - BTCUSDT 价值 8854.65 万美元。

ChainCatcher 消息，据 Coinglass 数据，过去 24 小时全网爆仓 12.98 亿美元，多单爆仓 1.59 亿美元，空单爆仓 11.39 亿美元。其中比特币多单爆仓 2486.64 万美元，比特币空单爆仓 6.54 亿美元，以太坊多单爆仓 4665.51 万美元，以太坊空单爆仓 2.15 亿美元。 此外，最近 24 小时，全球共有 280784 人被爆仓，最大单笔爆仓单发生在Binance - BTCUSDT 价值 8854.65 万美元。

数据：过去 24 小时全网爆仓 12.98 亿美元，多单爆仓 1.59 亿美元，空单爆仓 11.39 亿美元

ChainCatcher reports that according to Coinglass data, the total network liquidation in the past 24 hours was $1.298 billion, with long positions liquidated at $159 million and short positions liquidated at $1.139 billion. Among these, BTC long positions were liquidated at $24.8664 million, BTC short positions at $654 million, ETH long positions at $46.6551 million, and ETH short positions at $215 million. Additionally, in the past 24 hours, a total of 280,784 people were liquidated, with the largest single liquidation occurring on Binance - <BTCUSDT> at $88.5465 million.

According to ChainCatcher, based on Coinglass data, the total network liquidation in the past 24 hours was $1.298 billion, with long positions liquidated at $159 million and short positions liquidated at $1.139 billion. Among these, Bitcoin long positions were liquidated at $24.8664 million, Bitcoin short positions at $654 million, Ethereum long positions at $46.6551 million, and Ethereum short positions at $215 million.Additionally, in the past 24 hours, a total of 280,784 people were liquidated, with the largest single liquidation occurring on Binance - BTCUSDT, valued at $88.5465 million.

Data: In the past 24 hours, the entire network has a liquidation of US$1.298 billion, long orders have a liquidation of US$159 million, and short orders have a liquidation of US$1.139 billion

There is no eternal winter or summer in crypto; survival is the only narrative.

A Retrospective of Crypto Project Fatalities in 2025: Nearly $700 Million in Funding Raised, Former Star Projects Exit One After Another

The charts speak for themselves, and market sentiment has shifted accordingly. As 2025 draws to a close, we must face reality: Bitcoin has officially entered a bear market.

For months, traders and analysts have debated whether the price action was merely a consolidation phase or a deeper correction. Now, confirmation signals have arrived, not only in price but also in on-chain data, reversals in capital flows, and the convergence of fragmented market structures. While the term "bear market" often triggers panic, understanding the mechanisms behind this downturn is the first step to navigating this difficult period successfully.

This in-depth analysis will break down the factors defining the current landscape at the end of 2025...

Bitcoin has officially entered a bear market: On-chain evidence, fund flows, and how investors can profit.

Coinbase, the largest cryptocurrency exchange in the US, will list the Lighter (LIT) token, which made headlines with its launch today.
*This is not investment advice.
