According to CoinMeta, as reported by OnchainLens, the current crypto market is experiencing a significant decline, with prices of major cryptocurrencies falling sharply and a wave of liquidations intensifying. The specifics are as follows: Bitcoin ( BTC ) is currently trading at $72,941, a decrease of 3.5%; Ethereum ( ETH ) is at $2,021, a drop of 6.0%; Solana ( SOL ) is at $82.16, a decrease of 6.9%; HYPE is at $71.02, a decrease of 7.2%; and ZEC is at $1,013, a decrease of 17.5%. This round of liquidations has resulted in the liquidation of leveraged positions worth over $650 million.