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$POWER 33 years old financially free female trader woke up to find the sky falling
But she was startled upon waking, her mind blank, and she said—
POWER woke up to find it actually trading around 0.2, which means using 1x leverage to go long—completely wiped out, liquidation, no negotiations. It dropped tenfold overnight.
She thought the market maker might be dumping. Didn’t expect such malicious dumping, to the point of killing people—only to say that the methods of capital are too brutal. But this is the rhythm the crypto world should have. Those who survived the 312 and 519 crashes should have expected that all kinds of surprises, black swans, and uncertainties will appear in the market. So your top discipline is risk control—stay alive first. This lesson should be enough for leverage traders to learn. This kind of PTSD might last your entire trading career. When you’re old and gray, with white hair and blurry eyes, recalling that heart-pounding moment, you’ll still say WTF.
I'm personally okay, there’s definitely been a pullback, but still within controllable range. It’s just a pity I didn’t place an order that day because of something. Otherwise, this wave of shorts would have earned at least 800K, so frustrating! So frustrating!!
After calming down and looking at the trend, it’s a chip disaster: 30 million coins dumped + massive trapped positions.
On March 3rd, the project team dumped 30 million POWER tokens (about 15% circulating supply), dropping from $1.86 to $0.18 (a 90% plunge).
- Massive trapped orders accumulated in the $1.5–$2.4 range (over $100 million traded on March 2–3)
- To recover to $2, they need to clear all trapped orders + absorb the project team’s remaining chips, requiring at least hundreds of millions of dollars in funds, which current liquidity cannot support
- Trust collapse + no fundamentals to rescue
- The project team actively dumped, completely destroying market confidence, and funds dare not enter
- No buybacks/destroys/lock-ups/major partnerships/new applications to offset selling pressure
- The team/investors still hold many chips, and selling pressure will continue
- Technical level: $2 is the peak
- Current price around $0.14, to return to $2 requires a 10x+ increase
More difficult than ever. The strong hands that refuse to cut must keep their stop-loss below 0.05 to ensure safety. Just hold on. This market maker is indeed ruthless. Some coin friends with unrealized gains of 500K didn’t sell, then retraced and got liquidated. So stop-losses are a must—to prevent being swept away in one wave.
Trading is cruel and merciless.
We can’t control risk, only control ourselves—avoid risk or try to be minimally affected by it.
A bright future awaits, and the future is promising. Let’s encourage each other!