More than 240,000 traders were liquidated, with a total value of over 700 million USD.

The cryptocurrency market unexpectedly plummeted sharply in the middle of this week, as Ethereum (ETH), Ripple (XRP), and a series of other altcoins all fell deeply in Wednesday's trading session.

In this harsh market, the rule is to rise quickly - fall quickly and sideways. Hopefully, everyone acts quickly to close when they sense the beginning is good. Better to "SPLASH WATER ON THE DUST THAN TO WEEP TEARS." Wishing everyone steady hands at the helm.