Recently, these two dramas in the crypto world are like night and day. On one hand, certain Meme coins surged over 800% in 24 hours, with a single internet meme turning into a wealth code. Foreigners using translation apps to learn Chinese jokes, our cultural memes are truly international now. On the other hand, Bitcoin experienced two sharp drops, with 130,000 traders liquidated in a single day, and 470 million in funds vanished in an instant. Friends chasing the trend and buying in are mostly left with nothing.
The most obvious change is in investors' mentality. Remember last year’s big brother who boasted about the Erhuan property? When you meet him again this year, he hands you a takeout receipt. From the dream of "one coin, one young model" wealth, it has vividly fallen into the reality of "one drop, one takeout"—sliding from financial freedom straight into mere survival. This is the true picture of the crypto circle: opportunities and risks have always been twin brothers. Only those who can calmly judge the market can survive longer.
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HypotheticalLiquidator
· 14h ago
130,000 people liquidated in one day, this is the price of poor risk management. Lending rates soar, liquidation prices become dense, dominoes fall one after another, chain liquidations are no joke.
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Meme coins surge 800%? That’s a sign of systemic risk, retail investors’ speed of taking over can never keep up with the pace of the whales dumping.
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470 million in funds wiped out, how do you calculate this? Don’t just look at the false prosperity of Meme coins; behind it are countless accounts that failed to maintain risk thresholds.
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From the dream of flipping houses around the Second Ring to takeout receipts, in a market with such high volatility, deleveraging is truly urgent. Staying alive is more important than making money.
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Is the health factor still within the normal range? I doubt it. With such high borrowing rates, next time there’s a plunge, that will be the real slaughter scene.
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Talking about calmly judging the market, 99% of people are actually just blindly following the trend. When market sentiment shifts, your liquidation price becomes a noose.
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SillyWhale
· 14h ago
An 800% rise or fall—it's a straight gamble, either all-in or bankruptcy, with no middle ground.
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WalletsWatcher
· 14h ago
What happened to those people who lost everything? Are they still waiting for a rebound?
Recently, these two dramas in the crypto world are like night and day. On one hand, certain Meme coins surged over 800% in 24 hours, with a single internet meme turning into a wealth code. Foreigners using translation apps to learn Chinese jokes, our cultural memes are truly international now. On the other hand, Bitcoin experienced two sharp drops, with 130,000 traders liquidated in a single day, and 470 million in funds vanished in an instant. Friends chasing the trend and buying in are mostly left with nothing.
The most obvious change is in investors' mentality. Remember last year’s big brother who boasted about the Erhuan property? When you meet him again this year, he hands you a takeout receipt. From the dream of "one coin, one young model" wealth, it has vividly fallen into the reality of "one drop, one takeout"—sliding from financial freedom straight into mere survival. This is the true picture of the crypto circle: opportunities and risks have always been twin brothers. Only those who can calmly judge the market can survive longer.