The pancake dropped from 99,000 to 926,666 yesterday, with a liquidation of 390 million.

The long position also got liquidated at 1.4. No matter how many long positions there are, someone is getting liquidated. Some people chased the pancake at the peak, while others chased the long position at the bottom.

So sometimes, don't just blindly follow the downtrend; think about whether it's still worth chasing.