It seems that timely loss mitigation is very necessary

It seems that in the past year, there have been quite a few wealthy individuals in the cryptocurrency space due to the bankruptcy of Ethereum. The hacker from infini turned to a path of no return after the Ethereum contract liquidation. Recently, I also heard that a big shot in Singapore was liquidated for several hundred million due to Ethereum contract liquidation this year.

Altcoins are hesitant to take large positions, but there are still quite a few people willing to take large positions in Ethereum. From December last year to now, it dropped from 4000 to 1900, which indeed caused many people to stumble...