In the last day, the crypto assets market experienced a violent fluctuation, leaving behind remarkable data. Within this short 24-hour period, the total amount of Get Liquidated in the market reached up to $570 million, with the amount of Get Liquidated for short orders far exceeding that of long orders, amounting to $401 million, while the amount for long orders was $168 million.

In this round of market fluctuations, Ethereum (ETH) has become the biggest victim, with a liquidation amount reaching 273 million USD, far exceeding Bitcoin's (BTC) 88.7863 million USD. This phenomenon has sparked heated discussions in the market regarding Ethereum's recent performance.

Even more surprisingly, during this market turmoil, a total of 118,432 traders experienced Get Liquidated, with an average loss of about $4,800 per person. Among them, the heaviest single Get Liquidated occurred on the BTC-USD trading pair at the Bybit exchange, with a single loss reaching $10 million, which undoubtedly dealt a heavy blow to the unfortunate trader.

This market fluctuation once again proves the high-risk nature of the Crypto Assets market. For ordinary investors, this is a warning signal, reminding us to be particularly cautious when engaging in Crypto Assets trading, to reasonably control leverage, and to implement proper risk management. At the same time, it also highlights the urgent need for regulatory and risk control mechanisms in the market.

As the market continues to mature, we look forward to seeing more stability mechanisms introduced to mitigate the negative impacts of such extreme volatility. Regardless, in this market filled with opportunities and challenges, keeping a clear mind and rational judgment is always the key to success.