According to ChainCatcher, on-chain analyst Ai Yi detected a liquidation of ETH/BTC long positions worth up to $14.49 million, which attracted market attention. The ETH/BTC exchange rate has now fallen to 0.0339, close to the historical low of 0.03187 in 2021. This incident highlights market volatility and reminds investors to pay attention to on-chain data and price changes. Nevertheless, market trends still need further observation to assess possible trend changes in the future. Investors should remain vigilant and pay close attention to market dynamics and on-chain data analysis in order to adjust their strategies in a timely manner.