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Coin price: Bitcoin falls below $105,000, Ethereum narrowly holds at $2,600, with 198,000 people across the network getting liquidated for $726 million.
This morning (30) Bitcoin once fell below $105,000, and in the past 24 hours, 198,000 people on the whole network liquidated, with a total amount of $726 million, of which Bitcoin liquidated the largest amount, as high as $220 million; This is followed by Ethereum at $151 million. (Synopsis: James Wynn, the whale, opened a short order and shouted "Bitcoin rushed $120,000": 99% BTC, 1% meme coin should be invested) (Background supplement: Arkham punched Michael Saylor: Strategy 87% Bitcoin address found) Bitcoin began to walk out of the downward trend yesterday (29) evening, slowly falling from above $108,000, and officially fell below $105,000 at about 8:45 am today (30), and the lowest time came $104,600. However, at the moment of writing, bitcoin's decline narrowed, tentatively trading at $105,670, a drop of 2.2% in the past 24 hours. Bitcoin movement. Source: OKX Bitcoin's decline also drove mainstream altcoins lower, among the top ten cryptocurrencies, Ethereum fell as low as $2,557 this morning, tentatively at $2,609 at the moment of writing, down 4% in the past 24 hours; XPR fell 4% in the past 24 hours to $2.19 tentatively; SOL fell 5.3% in the past 24 hours to tentatively trade at $163.67; Dogecoin (DOGE) tumbled 7.1% to $0.2075. Source: CoinGecko $726 million According to Coinglass data, in this wave of market pullbacks, 198,000 people have liquidated positions across the network in the past 24 hours, with a total amount of $726 million, of which Bitcoin is the largest amount, up to $220 million; This is followed by Ethereum at $151 million. Among them, the amount of long liquidation was as high as 628 million US dollars, and the amount of short liquidation was 98 million US dollars. Standard Chartered Bank warns: The dollar may face "significant downside risk" next year, which will be positive for bitcoin? GameStop announces the purchase of 4,710 bitcoins, GME soared more than 25% this week Analysis of six indicators: How much will the price of bitcoin reach by the end of 2025? "Coin price" Bitcoin fell below $105,000, Ethereum held 2,600, and 198,000 people on the whole network burst 726 million magnesium" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".