Speaking of contract trading, this wave of market movement truly demonstrated it vividly.
Just now, Bitcoin surged $3,300 within half an hour, instantly liquidating $106 million worth of shorts. It seems the nightmare for shorts has arrived.
And what happened? The price reversed and crashed, dropping another $3,400 in just 45 minutes. This time, the longs suffered, with $52 million worth of long positions wiped out.
This is the "charm" of contracts. You can be liquidated whether you're long or short. The level of manipulation in the crypto market is truly astonishing.
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LiquidationTherapist
· 12-19 00:33
Contracts are just a meat grinder, no kidding. No matter which side you're on, you'll get cut.
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CrossChainBreather
· 12-17 17:50
This is how contracts are played: get on the car and get cut, get off and get cut again—it's truly incredible.
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BearMarketLightning
· 12-17 17:50
Bro, this is the true face of the contract. The top and bottom are both profiting, retail investors can only eat dirt.
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OnChainSleuth
· 12-17 17:47
Damn, this is contract hell, a feeling of being wiped out on both long and short sides.
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CryptoPhoenix
· 12-17 17:21
This is teaching us not to gamble on the direction, but to gamble on the mindset. The feeling of being cut on both sides... truly amazing.
Speaking of contract trading, this wave of market movement truly demonstrated it vividly.
Just now, Bitcoin surged $3,300 within half an hour, instantly liquidating $106 million worth of shorts. It seems the nightmare for shorts has arrived.
And what happened? The price reversed and crashed, dropping another $3,400 in just 45 minutes. This time, the longs suffered, with $52 million worth of long positions wiped out.
This is the "charm" of contracts. You can be liquidated whether you're long or short. The level of manipulation in the crypto market is truly astonishing.