#点个关注↗️不迷路 $BTC Bitcoin tumbled sharply on Tuesday after hitting a new all-time high for the first time in more than two years.
Bitui terminal data shows that BTC exceeded US$69,210 on Tuesday morning, and then fell back quickly. It once fell below US$60,000 during the session, and rebounded to above US$61,000 as of press time.
Ethereum once rose 6.5% to $3,828.81 before erasing all gains and falling to $3,412.64. Other mainstream altcoins such as ADA, DOGE and SHIB fell by about 10%-12%.
The sharp rise and fall in the market caused the entire network to liquidate nearly US$1.2 billion in positions.
According to data from CoinGlass, 318,392 traders were liquidated in the past 24 hours, totaling $1.19 billion. Among them, long positions were liquidated at US$878 million and short positions were liquidated at US$310 million. The largest single liquidation order occurred on the Bitmex platform and was a LINK/USD trading pair worth $11.35 million.