Happy weekend, everyone! Tomorrow marks the anniversary of May 19, 2021! At that time, BTC plummeted from 50,000 to 29,000 in just a few days, and on May 19, the daily drop was as much as 34%! The memory of that crash is still fresh in our minds!

Below is the data report related to the events on May 19, 2021 in the cryptocurrency world:

Price Fluctuations

• Bitcoin dropped from around $44,000 to $29,000, a decline of up to 34%, briefly falling below the $30,000 mark.

• Ethereum was cut in half, with a decline of nearly 50%.

• Dogecoin's drop reached 56%, while Shiba Inu's drop reached 64%.

• Litecoin dropped by 51%, OKB fell by 56%, and HT decreased by 40%.

Liquidation Situation

According to market data platform Coin, as of 7:30 AM on May 20, a total liquidation of $6.91 billion (approximately 44.4 billion RMB) occurred in the past 24 hours, affecting about 580,000 people.