According to CoinMeta, data from the platform shows that the Bitcoin market has experienced severe fluctuations this week, resulting in the liquidation of 87,430 traders. In the past 72 hours, over $5 billion in positions were destroyed on the market; among these, $27.4 billion in short positions were liquidated during the upward trend, and $18.2 billion in long positions were liquidated during the downturn. Today, another $337 million in positions were lost, and the current Bitcoin price has fallen below $76,000.