#比特币远古巨鲸持续出清

On August 25, the cryptocurrency market experienced a significant drop. As of the time of writing, Bitcoin fell below the $111,000 mark, with a decline of over 3.3% in the past 24 hours; Ethereum, Dogecoin, Solana, and Cardano also fell over 3%. According to CoinGlass, over $840 million in global cryptocurrency liquidations occurred in the past 24 hours, affecting more than 166,000 people. In pre-market trading of U.S. stocks, cryptocurrency-related stocks also collectively fell, with MicroStrategy dropping over 4%, BMNR and Canaan Creative falling over 3%, DeFi Development down nearly 3%, and ROBINHOOD and Coinbase dropping over 1%. Analysts pointed out that this round of continuous declines in cryptocurrencies over the past three days is related to early whales who built their positions around 2011 at extremely low costs (below $10) continuing to sell off. Furthermore, despite Powell signaling a dovish stance last week, Bitcoin's performance remains lackluster. $BTC