The cryptocurrency market rebounded in the early morning of November 12, with Bitcoin breaking through $74,000 in the short term, and Ethereum once reaching $2,100. At that time, a total of 66,730 people were liquidated in the past 24 hours, with a total amount of $203 million. (Preliminary summary: Bitcoin fell below 73,000, and Ethereum approached US$2,000! The entire network liquidated US$705 million in 24 hours) (Background supplement: One year since the largest liquidation day in history on 10/11: BTC and ETH liquidity have returned to blood, and altcoins continue to bottom out) The cryptocurrency market rebounded in the early morning of November 12, Taipei time, and Bitcoin exceeded 7.4 million, and Ethereum also briefly crossed $2,100. CoinGlass data at the time showed that the total liquidation amount in the past 24 hours was $203 million. The previous day, Bitcoin fell below US$73,000 and Ethereum was close to US$2,000; entering the early morning of the 12th, the prices of the two major mainstream currencies rebounded upward. Bitcoin hits $74,710, Ethereum briefly crosses $2,100 Coinbase's BTC-USD one-minute K-line shows that at 1:22 a.m. Taipei time on November 12, the highest price of Bitcoin reached $74,710. At the same minute, Coinbase's ETH-USD market reached a high of $2,101.88, but closed at $2,098.86 that minute. Ethereum's rise briefly crossed the $2,100 mark. More than 66,000 people liquidated their positions in 24 hours, the largest single transaction in the statistical sample. When the price of Hyperliquid rebounded, CoinGlass counted 66,730 people liquidating in the past 24 hours, with a total liquidation of US$203 million. In the statistical sample, the largest single liquidation occurred in Hyperliquid’s BTC-USD, amounting to US$4.9854 million. Related reports: Bitcoin lost $76,000 late at night, and Ethereum dropped to $2,200! The entire network was liquidated to $880 million in the past 4 hours. Bitcoin fell below $80,000, and Ethereum lost $2,400! The entire network's positions were liquidated to US$723 million in 24 hours, and more than 100,000 people were liquidated. Hyperliquid launched the cross-margin ADL mechanism, and there was no counterparty to force the position to be reduced. Bitcoin's pins went up and down and it returned to 77,000 magnesium! Ethereum stands back at 2,500 "Severe liquidation of 680 million magnesium" <Bitcoin rebounded to break through 74,000, and Ethereum once stood at $2,100! The whole network exploded with 203 million US dollars in 24 hours. This article was first published in Dongqu BlockTempo "Dongqu Dongzhen - the most influential blockchain news media".