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.

唐纳德·特朗普（Donald Trump）和埃隆·马斯克（Elon Musk）之间的深夜Twitter吐口水在全球市场上引发了新的不确定性，使主要的加密货币跌落并消耗了近10亿美元的杠杆赌注。

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.

在过去的24小时内，比特币（BTC）的价格下跌了9％以上，自4月初以来首次低于40,000美元。根据比特币价格指数，旗舰加密货币现在正在交易约39,000美元。

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

Ether（ETH）价格也急剧下降，在上一张支票中以低于3,000美元的价格下降了12％。

Image: Bankiv

图片：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.

根据Coinglass的数据，截至08:05（GMT+8），交易者损失了9.88亿美元的清算，其中8.88亿美元是长位。

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

Bybit和Binance之类的交易所获得了热门歌曲，仅Bybit占了近3.54亿美元的清算。

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

这些清算在很大程度上击中了主要令牌，在过去的24小时内，比特币以超过3.42亿美元的价格领先于3.42亿美元。

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

Solana（Sol）排名第二，清算额超过2.08亿美元，其次是XRP，为1.19亿美元。

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.

当不再满足保证金要求时，清算以强迫关闭交易者的杠杆位置。当基础资产的价格与其头寸转移，导致他们失去了很大一部分或全部初始投资时，通常会发生这种情况。

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

一连串的清算通常表明市场极端，因为市场情绪可能会朝着一个方向朝着一个方向发展。

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.

抛售是因为特朗普指责马斯克“疯狂”，并威胁要终止与他的公司的合同，而马斯克则通过将特朗普与杰弗里·爱泼斯坦的档案联系起来，猛烈抨击。

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.

这场冲突掩盖了最近几周加密市场的主要看涨趋势，从本周开始就加剧了获利的回合。