🔥 Cùng Bybit Đón Xuân Bính Ngọ 2026 - Đua Top Nhận Ngay 30K USDT và VF3!

🏆 Anh em Top Volume Trader rinh ngay 30K USDT với 1 chiếc VF3 vi vu chơi Tết cực cháy!

🥇 Top 1 Volume nhận thưởng cực chất 10,000 USDT
🥈 Top 2 rinh ngay hơn 5,000 USDT
🥉 Top 3 cầm về hơn 3,600 USDT
🏅 Top 4-10 bỏ túi tới hơn 2,900 USDT mỗi người 

🔥 Anh em tham gia bằng cách nào??
✔️ Đăng ký tham gia sự kiện
✔️ Có ít nhất 100 USDT trong tài khoản khi đăng ký
✔️ Tham gia được bằng cả tài khoản chính và phụ (UTA)
🚀 Trade thôi!!!

💵 Cơ hội này là của tất cả anh em Việt Nam!

🚨 Trade ngay rinh thưởng - Mang quà Tết về nào anh em ơi: https://www.bybit.com/vi-VN/trading-contest/game/?name=NewYearVolumeRace&affiliate_id=124880

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🔥 Celebrate the Lunar New Year 2026 with Bybit - Compete for the Top Spot and Win 30,000 USDT and VF3!

🏆 Top Volume Trader members win 30,000 USDT and a VF3 to enjoy an amazing Lunar New Year!

🥇 Top 1 Volume receives an amazing reward of 10,000 USDT
🥈 Top 2 will win over 5,000 USDT
🥉 Top 3 take home over 3,600 USDT
🏅 Top 4-10 each pocket over 2,900 USDT

🔥 How do you guys join??
✔️ Register to participate in the event
✔️ Have at least 100 USDT in your account when registering.
✔️ You can join using both your primary and secondary (UTA) accounts.
🚀 Let's trade!!!

💵 This opportunity is for all Vietnamese people!

🚨 Trade now and win prizes - Bring home Tet gifts, guys! https://www.bybit.com/vi-VN/trading-contest/game/?name=NewYearVolumeRace&affiliate_id=124880

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
...

The Black Swan Event Was Actually This: The Real Reason for the Recent Bitcoin Crash

Renowned crypto investor Jack Yi used Aave revolving lending to build a $2 billion ETH position, only to see it crumble during the market crash [...]
The article, "Yi Lihua Completely Sells Off ETH! Trend Research Sells 650,000 Ethereum in a Week, Losing $730 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Yi Lihua completely liquidated his ETH holdings! Trend Research reportedly sold 650,000 Ethereum in a week, incurring a loss of $730 million before exiting the market.

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]