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In the past hour, the long and short liquidation ratio is about 1:14, an incredibly ruthless plunder of the shorts.
Nearly 200k people went bankrupt and reset to zero in the past 24 hours.
These days, the surge in scam coins has energized the market and increased participation.
But at the same time, the sharp increase in liquidation numbers means you must be cautious and manage risks.
Liquidation numbers are never higher when the market is bad; they are highest when you think the market is at its best, with the most people being wiped out at any time.
Tonight's advice: Do not operate on scam coin contracts; stick to more stable, mainstream platforms like Bitcoin, Ethereum, or Solana.
#Gate13周年现场直击 $BNB