Bitcoin fell below the $40,000 mark yesterday morning and continued to decline in the late night, dropping to $38,555 at one point. Ethereum also briefly fell below $2,200, with over $300 million in liquidations across the entire network.
Bitcoin (BTC) experienced continuous declines yesterday (23rd) and dropped to a low of $38,555 around 10 p.m., marking a new low since December last year.
It seems to have temporarily stabilized for now, with a current price of $40,077 at the time of writing, representing a 0.88% increase in the past 24 hours. 
Grayscale GBTC Transfers Another 15,000 Bitcoins
The recent decline may be related to the selling pressure brought by GBTC.
According to a post on Lookonchain (link), after 10 p.m. last night, the Grayscale address once again transferred a total of 15,222 BTC (approximately $5.8 billion) to Coinbase Prime (a total of 79,213 BTC has been transferred to Coinbase Prime since the approval of the spot ETF).
Ethereum Briefly Falls Below $2,200
As for Ethereum (ETH), the decline was even more severe, with a brief drop below $2,200 to $2,168 last night. The decline has somewhat stabilized at the time of writing, with a 3.67% decrease in the past 24 hours. 
Mixed Performance Among the Top Ten Cryptocurrencies
According to CoinMarketCap data (link), the other top ten cryptocurrencies have experienced mixed performance in the past 24 hours. AVAX and SOL, which experienced significant declines yesterday, have risen by 2.28% and 0.95% respectively, while the most significant decline was seen in Dogecoin (DOGE) with a 3.36% decrease.
Over $250 Million in Liquidations in the Past 24 Hours
Amidst the volatile trend of Bitcoin, data from Coinglass (link) shows that over the past 24 hours, the total amount of cryptocurrency liquidations has exceeded $303 million, with over 116,000 individuals being liquidated.
Among the liquidated assets, BTC ranks first with $81.5 million, followed by ETH with $71.34 million.
For those seeking warmth or with questions, feel free to join us—Public Zonghao: Guanguan Shuibi VX: 3379276514
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
