It has been observed that many people are losing the most money these past couple of days...

Previously, I was scrolling through Binance Square and saw many small short positions, but today I encountered a lot of large losses from long positions...

One instance is someone who didn't withdraw at 8.14; I saw similar comments in my comment section, continuously adding to positions in altcoins while in profit, only to get wiped out yesterday.

Another case is someone who went long right after a drop, and quickly increased their position size, only for it to continue dropping... Sigh...