Cryptocurrency market experiences severe fluctuations

Zhitong
2025.09.02 10:49

In the past 24 hours, the cryptocurrency market has experienced significant volatility, with the Trump family's "core token" WLFI plunging by 34% at one point; Ethereum dropped from a high of $4,491 to a low of $4,233, before recovering to around $4,380; other cryptocurrencies such as Bitcoin, XRP, and Solana also saw substantial fluctuations. According to CoinGlass data, over $400 million in cryptocurrency market contracts were liquidated within 24 hours, affecting more than 130,000 people. Notably, the liquidation amount for Ethereum-related contracts reached $143 million, more than double that of Bitcoin