The black swan of global finance, more than 320,000 people in the cryptocurrency circle were liquidated today, and the liquidation scale exceeded 1.2 billion USDT!

Monday, August 5, 2024, a black swan day in the global financial market, a day when many leeks shed tears, a Black Monday comparable to 3.12 and 5.19.

More than 320,000 people in the crypto circle were liquidated, and more than 1.2 billion USDT were liquidated.

2. The Nikkei index has set the largest drop in history.

3. Global stock markets are down, and the Thai government has begun to announce a rescue plan.

4. The overall pre-market decline of US stocks exceeded 10%. 5. A global shocking scene: Japan and South Korea both circuit breakers! Many cross-border ETFs hit the limit 6. Ethereum created the largest single-day drop in the past two years, with a drop of more than 26% at one time 7. There will be a [big kill] before each round of interest rate cuts, and this round has not been avoided.

8. Bitcoin and Ethereum spot ETFs have seen large-scale outflows. 9. Did we expect this wave of retracement before? This is the data as of the time of writing this article. This data will definitely increase more in the evening. This can be said to be the biggest black swan event this year. Such events are not new in the crypto circle, but the mid-term decline in this year's bull market has killed bulls back and forth, which has made many people doubt whether the bull market is over. After a month, there has been such a big drop today. On July 5th last month, there was also such a drop, but not as fierce as today. "In the past three months, more than "two million people" of cryptocurrency have been liquidated. Is the bull market of BTC still there?" After this situation occurred last month, I told many people that it was not suitable for operation in the short term, and I started my holiday travel. In fact, judging from the decline alone, many of the leading copycats today have not fallen as much as ETH, but what? They have fallen to a new low in the bear market. It will take time to get out in the short term, at least until mid-to-late September. #加密市场反弹 #JumpTrading转移资产 #Ronin跨链桥安全漏洞 $BTC $ETH