A late-night Twitter spat between President Donald Trump and Elon Musk sparked fresh uncertainty in global markets, sending major cryptocurrencies tumbling and wiping out nearly $1 billion in leveraged bets.

唐納德·特朗普（Donald Trump）和埃隆·馬斯克（Elon Musk）之間的深夜Twitter吐口水在全球市場上引發了新的不確定性，使主要的加密貨幣跌落並消耗了近10億美元的槓桿賭注。

Bitcoin (BTC) price plunged by over 9% in the past 24 hours, falling below the $40,000 level for the first time since early April. The flagship cryptocurrency is now trading around $39,000, according to Bitcoin Price Index.

在過去的24小時內，比特幣（BTC）的價格下跌了9％以上，自4月初以來首次低於40,000美元。根據比特幣價格指數，旗艦加密貨幣現在正在交易約39,000美元。

Ether (ETH) price also declined sharply, dropping by 12% to trade below $3,000 at the last check.

Ether（ETH）價格也急劇下降，在上一張支票中以低於3,000美元的價格下降了12％。

Image: Bankiv

圖片：Bankiv

As of 08:05 (GMT+8), traders lost $988 million in liquidations — of which $888 million were long positions — according to data from CoinGlass.

根據Coinglass的數據，截至08:05（GMT+8），交易者損失了9.88億美元的清算，其中8.88億美元是長位。

Exchanges like Bybit and Binance saw the biggest hits, with Bybit alone accounting for nearly $354 million in liquidations.

Bybit和Binance之類的交易所獲得了熱門歌曲，僅Bybit佔了近3.54億美元的清算。

The liquidations largely hit major tokens, with bitcoin leading the pack at over $342 million liquidated in the past 24 hours.

這些清算在很大程度上擊中了主要令牌，在過去的24小時內，比特幣以超過3.42億美元的價格領先於3.42億美元。

Solana (SOL) was a close second with over $208 million in liquidations, followed by XRP at $119 million.

Solana（Sol）排名第二，清算額超過2.08億美元，其次是XRP，為1.19億美元。

Liquidations to the forced closure of a trader's leveraged position when they can no longer meet the margin requirements. This typically occurs when the price of the underlying asset moves against their position, causing them to lose a large portion, or all, of their initial investment.

當不再滿足保證金要求時，清算以強迫關閉交易者的槓杆位置。當基礎資產的價格與其頭寸轉移，導致他們失去了很大一部分或全部初始投資時，通常會發生這種情況。

A cascade of liquidations often indicates market extremes, where a price reversal could be imminent as market sentiment overshoots in one direction.

一連串的清算通常表明市場極端，因為市場情緒可能會朝著一個方向朝著一個方向發展。

The sell-off comes as Trump accused Musk of going “crazy” and threatened to terminate government contracts with his companies, while Musk lashed back by linking Trump to Jeffrey Epstein’s files.

拋售是因為特朗普指責馬斯克“瘋狂”，並威脅要終止與他的公司的合同，而馬斯克則通過將特朗普與杰弗裡·愛潑斯坦的檔案聯繫起來，猛烈抨擊。

The clash overshadowed what had been a mostly bullish trend for crypto markets in recent weeks, intensifying a profit-taking bout from the start of this week.

這場衝突掩蓋了最近幾週加密市場的主要看漲趨勢，從本週開始就加劇了獲利的回合。