There are rumors that Binance is dumping BTC, ETH and SOL to liquidate long-term buying positions and buy them back at a lower price.
So long short, margin future brothers need to be very careful. To be frank, I have said it many times: The exchanges hold a large amount of tokens, use bots to create buy and sell orders; create fud (for example, Binance was hacked or bybit was hacked... then the price plummeted). So if you want to make money, you have to play and be lucky to be in the game that the exchange wants to manipulate. Naively asking why it increased sharply yesterday but suddenly collapsed today. In a few hours, it increased and decreased by hundreds of percent, what else? Be careful not to cut your hand with firewood. Bald Bang is not joking!
