Kill》Bitcoin once dropped below $96,000, Ethereum struggled to hold $3,300, over 190,000 people liquidated $500 million

Bitcoin experienced a significant pullback last night, dropping to a low of $95,745 at midnight earlier. In the past 24 hours, nearly $500 million in liquidations occurred across the network, affecting over 190,000 people. (Background: Michael Saylor initiated a vote on BTC breaking $100,000 by year-end: over 85% agreed, suggesting MicroStrategy will increase its holdings) (Supplementary Information: MicroStrategy bond interpretation: Is MicroStrategy's aggressive Bitcoin accumulation safe?) Bitcoin reached a historical high of $99,588 at the end of the last weekend before starting a turbulent decline, and around last evening, it began a significant pullback from $98,500, hitting a low of $95,745 at midnight. However, it has rebounded slightly before this report, currently at $97,559, down 1.04% in the past 24 hours. In the case of Ethereum, the strong momentum from previous days seems to have waned slightly, with a low of $3,281 last night. Before this report, it is currently at $3,330, down 2.84% in the past 24 hours. In the past 24 hours, nearly $500 million in liquidations occurred across the network, affecting over 190,000 people. With Bitcoin's downward trend, according to Coinglass data, in the past 24 hours, the total liquidation amount in the cryptocurrency market reached $495 million, with long positions liquidating at $364 million dominating, and short positions liquidating at $131 million, affecting over 193,000 people. Related reports: How did MicroStrategy succeed? Bloomberg: Bitcoin holdings surpass those of IBM, Nike, etc., with stock prices increasing 20-fold in five years. Bitcoin surged 10% to 'break through $89,000' new high! MicroStrategy added 27,000 BTC, stock price skyrocketed. Bitcoin broke through $79,700 'knocking on $80,000'! MicroStrategy's BTC unrealized gains exceeded $10 billion. "Kill) Bitcoin once dropped below $96,000, Ethereum struggled to hold $3,300, over 190,000 people liquidated $500 million" This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).