Recently, the Crypto Assets market has experienced a rare and severe turbulence, the impact of which is considered one of the most serious market adjustments in recent years. This storm, which began on Friday evening, caused the Bitcoin price to plummet sharply from a high of around $122,000 to about $105,000, with some trading platforms even seeing a low of $101,000. Other Crypto Assets were not spared either, suffering widespread double-digit declines.

This market turmoil has been dubbed by industry insiders as "the largest single-day liquidation event in the history of digital assets." According to an analysis report by Valuermarket, Bitcoin initially saw a liquidation of $250 million within just one hour, and within 24 hours, this figure quickly rose to $900 million, at which point the price of Bitcoin had fallen to $117,000. However, this was just the beginning of the storm.

CoinGlass provides even more alarming data: In the past 24 hours, the total liquidation amount across the network reached 19.3 billion USD, with long liquidations nearly 17 billion USD and short liquidations 2.5 billion USD. Meanwhile, the number of traders experiencing liquidation surged from the usual about 200,000 to over 1.66 million, setting a new historical high.

In this incident, the Hyperliquid trading platform became one of the most severely affected areas. The largest single liquidation that occurred on the platform involved the ETH/USDT trading pair, resulting in losses exceeding 200 million USD, which accounted for a significant portion of the total market liquidation.

Analyses indicate that the recent significant fluctuations in the market may be related to US President Trump's recent comments regarding increased tariffs, which have triggered panic in the market. This event once again highlights the high-risk nature of the Crypto Assets market and reminds investors to remain vigilant and manage risks effectively.

In the face of such a large-scale market adjustment, industry experts urge investors to remain calm and rationally view market fluctuations. At the same time, regulatory agencies may pay more attention to the risk control issues in the Crypto Assets market, and more related policies may be introduced in the future to regulate market order and protect investors' interests.