Scare! Bitcoin plunges below $100,000, Ethereum falls below $3,300, and nearly $240 million in liquidations occurred across the network in the past four hours.

The downward trend that began on the evening of November 13th proved unstoppable. Bitcoin fell below $100,000 again around 1:40 AM on November 14th, currently trading at $99,830, a 1.3% drop in the past 24 hours. Meanwhile, Ethereum also continued its decline, falling below $3,300, currently trading at $3,280, a significant 3% drop in the past 24 hours.

图片[1]-Scare! Bitcoin plunges below $100,000, Ethereum falls below $3,300, and nearly $240 million in liquidations occurred across the network in the past four hours.-OzABC

according toOKX data shows that the downward trend that began on the evening of November 13th was unstoppable. Bitcoin fell below $100,000 again around 1:40 AM on November 14th, currently trading at $99,830, a drop of 1.3% in the past 24 hours. At the same time, Ethereum also continued to decline, falling below $3,300, currently trading at $3,280, a drop of as much as 3% in the past 24 hours.

图片[2]-Scare! Bitcoin plunges below $100,000, Ethereum falls below $3,300, and nearly $240 million in liquidations occurred across the network in the past four hours.-OzABC

Nearly $243 million in margin calls occurred across the entire network in the past 4 hours.

According to Coinglass data, in the past four hours, $243 million in positions were liquidated across the network, including $208 million in long positions, resulting in widespread losses for long traders. Expanding the timeline, in the past 24 hours, 143,810 people experienced liquidations, with a total liquidation amount of $463 million, including $341 million in long positions.

图片[3]-Scare! Bitcoin plunges below $100,000, Ethereum falls below $3,300, and nearly $240 million in liquidations occurred across the network in the past four hours.-OzABC

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