In the early hours of today, Bitcoin experienced a short-term decline, with prices briefly falling below $100,000 per coin, marking the largest single-day drop since August. The day before, Bitcoin had first surpassed $108,000, setting a new historical high.

According to Coinglass data, there were a total of 236,300 liquidations in the cryptocurrency market over the past 24 hours, with a total liquidation amount of $672 million. Among them, long positions accounted for $570 million in liquidations, while short positions accounted for $97.459 million.