Odaily星球日报讯 Coinglass 官方在 X 平台发文表示，“这是本轮牛市周期迄今为止最大的多头清算。过去 24 小时内，有 569,214 名交易者被清算，清算总额达到 17.1 亿美元。”

Coinglass：昨晚清算总额达17.1亿美元，创本轮周期最大多头清算

Odaily Odaily News: Coinglass official posted on the X platform that &quot;this is the largest long liquidation so far in this bull market cycle. In the past 24 hours, 569,214 traders were liquidated, with a total liquidation of US$1.71 billion.&quot;

Coinglass: The total liquidation last night reached $1.71 billion, the largest long liquidation in this cycle

Odaily Planet Daily Report shows that in the past 4 hours, the entire network has experienced a liquidation of $147 million, of which $133 million was from long positions and $13.79 million was from short positions.

In the past 4 hours, the entire network has liquidated 147 million US dollars, mainly long orders

Odaily Planet Daily Report: glassnode released data on the <X platform>, which confirmed strong speculative activity in the futures market. On December 8, the open interest in the futures market soared to $50.6 billion, with a trading volume of $67 billion. This surge highlights traders' interest in betting on volatility and momentum after the recent rise in BTC. Additionally, with BTC breaking through $10,000, the options market is showing signs of readjustment. As of December 8, the open interest (OI) in options contracts rebounded from $33.5 billion a week earlier to $37.3 billion, indicating that hedging activities have resumed. However, this is still lower than the peak of $45.4 billion in November.

Glassnode: Futures open interest surged to $50.6 billion yesterday, confirming strong speculative activity

[Liquidation]
In the early hours of today, the price of Bitcoin plunged sharply to $94,000, triggering a violent fluctuation in the cryptocurrency market, with Altcoins performing even more disastrously, with most tokens plummeting by 20%-30%. As of the time of writing, Bitcoin has rebounded somewhat. This market turmoil has led to a total liquidation of $1.716 billion across the network, involving 570,876 traders. This event not only represents the largest-scale liquidation in nearly 2 years, but also reflects the structural risks and emotional volatility in the cryptocurrency market.
This article will provide an in-depth analysis of the background, data, market impact, and future trends of this event.