Is it the third liquidation? Bitcoin is just a little brother! The real slaughterhouse is in altcoins, retail investors, wake up!

The market is always educating retail investors with real money, but most people only remember the temptation of skyrocketing prices, neglecting the risks' fangs.

In the past 24 hours, the crypto market has experienced a thrilling storm of leveraged liquidations. The total liquidation amount of MYX tokens reached 69.18 million USD, even surpassing Ethereum, while WLD also saw a large number of leveraged positions evaporate due to extreme volatility.

Behind these data are countless retail investors using high leverage in pursuit of high returns. Once the price moves against them, they face the fate of being quickly wiped out.

The market is gradually shifting from "Bitcoin rising alone" to "altcoin season frenzy," while retail investors often cannot resist the temptation of high volatility in small cryptocurrencies, ultimately becoming victims of high-level market purchases. AI concept coins like WLD, although they had an astonishing rise in the early stages, lack sufficient liquidity depth. Once faced with large sell-offs, they can easily trigger a chain of liquidations.

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