The cold winter of virtual currency is coming? Why is it not as popular as before this year? The truth behind it is shocking!
This year, the virtual currency market seems to have lost its former glory. One of the reasons is that buying and selling USDT is full of risks. Just because I bought some U, the police station came to check the account directly, and even the account and transaction records were not spared. This is not an isolated case. More and more traders have felt the risk.
The leeks in the currency circle have been cut to pieces in recent years. Several order-leading users who have been concerned for a long time were wiped out on August 5, and liquidation became the norm. I calculated that the total loss of seven or eight order-leading users exceeded 15 million U. It is simply terrifying. Hundreds of millions of funds evaporated just like that.
These order-leading users really took the lead in harvesting retail investors on purpose. Every time the loss is hundreds of thousands or millions of U, it is harvested. There is no natural disaster, it is all man-made. Most of the leeks are playing perpetual contracts. This game is extremely risky because they all want to win big with a small investment, but most of them lose everything.
In this market, the most profitable ones are not the retail investors, but the miners and project owners. Many air coins are launched, and they are sold at a discount, making millions of U and then running away. Look at the big crash of SOL and LUNA, which almost wiped out the domestic retail investors and their confidence plummeted.
In today's virtual currency market, the transaction volume has shrunk, and stock transactions have become the mainstream. The market is swaying there, but the scenery is no longer there.