#MarketPullback Whales Take Advantage to "Buy" Amid Liquidation Storm

In the last 24 hours, the global cryptocurrency market has experienced a strong correction as the total market capitalization dropped by 3.83%, equivalent to more than 150 billion dollars disappearing. This drop not only pulled the prices of the main coins to lower levels but also triggered a wave of liquidations of nearly one billion dollars, most of which came from long positions.

However, beneath the layer of "red hot" data, on-chain indicators and whale money flow reveal a different story: instead of running away, many large investors are taking advantage of the panic to increase accumulation, betting on a long-term growth trajectory.

Overall Market Overview: Red Covers Everything, Capitalization Evaporates in Hundreds of Billions of Dollars

The cryptocurrency market capitalization has retreated to the level of 3.86 trillion dollars, marking one of the strongest adjustment sessions of the month. All top 10 main coins fell, reflecting a clear defensive mindset overall.

Solana (SOL) became the "focus" as it fell by as much as 10.75%, demonstrating strong profit-taking pressure after a hot growth streak. Meanwhile, Bitcoin (BTC), considered the "safe haven" asset of the cryptocurrency market, also did not escape the drop and fell below 110,000 dollars, hitting a low of 109,801 dollars, a decrease of 3.11% on the day.

Ethereum (ETH) even experienced more severe pressure, sliding to the level of 4,393 dollars, losing 7.29% of its value. With this decrease, ETH has retreated by 11.1% from its new all-time high set just a few days ago.