Recently, the crypto assets market has once again attracted attention. If the Bitcoin price falls below the key support level of $116,000, the accumulated long positions on mainstream centralized exchanges (CEX) may face liquidation risks of up to $677 million. This potential large-scale liquidation event highlights the current market's fragility and fluctuation.

Interestingly, when Bitcoin briefly touched around $116,000, the market experienced a wave of rapid liquidations. This precise price manipulation raised concerns among some traders about market manipulation. However, it is worth noting that throughout the decline, most altcoins did not show a significant follow-up drop, indicating a certain degree of divergence from Bitcoin's trend.

This market behavior not only reflects the complexity of the Crypto Assets ecosystem but also highlights the enormous profits that large traders can potentially gain in a short period of time. Some observers point out that such rapid market Fluctuation may bring hundreds of millions of dollars in gains to certain participants, sparking discussions about market fairness and the need for regulation.

Meanwhile, Ethereum's trading volume has surpassed Bitcoin, and BNB has reached a new high, indicating that the Crypto Assets market is experiencing some interesting changes. These developments may signal a shift in market participants' interests or reflect the progress of different blockchain projects in terms of technology and application.

Overall, these market dynamics remind investors to remain vigilant, closely monitor market changes, and understand the inherent high-risk nature of Crypto Assets investment. As the market continues to evolve, maintaining an objective and rational investment attitude will become increasingly important.