Overnight, 2.3 billion US dollars were liquidated in 24 hours, and 150,000 people lost all their money. What happened?

From the liquidation data, we can see that altcoins account for a large proportion of liquidations, which reflects the recent high greed in the market.

In the bull market, a surge is often followed by a plunge. A foreign netizen was liquidated overnight with a 3x leverage and lost $1 million. He started to get involved in cryptocurrencies in 2017 and has nearly 8 years of experience, but he still can't resist the risks of the market. This also tells us that in the financial market, technology is important, but living long is the key.

We need to always be in awe of the market, because the market is always right. Although the plunge is heartbreaking, it is also an opportunity. A mountain altcoin can rise 10-20 times, precisely because of the panic market, the chips are washed clean, and the pull is smooth.

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