Yesterday, new fans of MYX recklessly opened positions, managing to mitigate their losses significantly. Sanma Ge thought that this kind of meme coin was only played by newcomers, but unexpectedly, some big players also suffered significant losses. This type of meme coin is specifically targeting you; the market manipulators aim to liquidate all of you who entered the market.

In contracts, only BTC is somewhat reliable, while ETH can sometimes be very volatile. Generally, making a profit with ETH contracts relies on holding positions.

Moreover, yesterday many people shorted MYX and not only got liquidated and lost everything, but also had to pay liquidation fees. The funding fee, charged three times a day, adds up to quite a bit, meaning that after liquidation, they not only lost everything but also ended up in debt, which is really not worth it. The most critical thing is that I noticed many people went long at high prices, while the funding rates were positive and the price kept falling, ultimately leading to them being liquidated after chasing the price up. #MYX