Tragedy reappears in digital currency: 160,000 investors are liquidated and out, Bitcoin plunge triggers market panic

The price of Bitcoin has fallen rapidly from a high of $70,000 to below the $65,000 mark, causing 160,000 investors to be liquidated and out. According to exchange data, the scale of liquidation caused by this round of plunge hit a recent high, and many mainstream trading platforms were paralyzed for a time.

Bitcoin, a digital asset created by mathematicians, computer experts and financial players, started from the initial zero point of a few dollars, relying on the concepts of decentralization and constant total volume, and successfully harvested waves of leeks.

Look at this good show in the currency circle, it is even more exciting than a variety show. Various big Vs were still shouting "bottom-fishing" on social media, and then they were ruthlessly slapped in the face by the market. What's interesting is that those big guys who shouted "lying flat is making money" all day long have all disappeared now. It is said that a leek who was heavily all in went from a "currency circle big guy" to a "bus card richest man" overnight.

Don't look at the wailing in the currency circle now, but this kind of drama is likely to be staged again. After all, in this market, there is never a shortage of "smart people" who believe they can get out at the top. And the greatest charm of the market is that it always makes these "smart people" willingly pay the tuition.