Have you seen the explosive data of the past two days? The entire network is less than 1 billion US dollars. Compared to before, this amount of money is really splashing water. It seems that there is really less money and people in the cryptocurrency circle. In the past two days, the market has experienced a moderate decline, with a total of approximately 245 million to 583 million US dollars in online liquidation within 24 hours. Although more than 180000 people have liquidated their positions, the total amount just can't go up. How terrifying was it before? No comparison, I don't know. Compared to those famous venues in the past, the current scale is like a small wave. The nearly 20 billion yuan liquidation in October last year, coupled with subsequent volatility, may have completely scared off a group of leveraged players, and they dare not take such large positions anymore. The number of players may really be low, and the amount of liquidation is determined by the game between the buyer and seller. A large amount indicates that there are many players and a large amount of bets placed. The most direct reason for the decrease in the amount now may be the decrease in active players and funds in the pool. Fluctuations are also decreasing, and liquidation requires drastic price fluctuations to trigger. If market volatility decreases or prices plummet instead of collapsing, the chain reaction of liquidation will also weaken. After several earth shattering moves, there were fewer chips in the market, and the traders who dared to all in also ran away. The rest were cautious bets. You see, BTC's market value has evaporated by trillions of dollars this month, but the explosion has not caused a big splash, which is very indicative of the problem. Is it because everyone has a stronger sense of risk, or is it because the excitement has subsided and no one is playing?