He may have only lost 1% of his assets, while I lost 50%

The mysterious little K line is completely panicked this time! Posting directly to surrender to the PIPPIN dealer.
Calculating carefully, the current price of PIPPIN is 0.4.u, and the position held by the mysterious little K line is worth 3,000,000 u (three million u). If we calculate the average fee rate at 0.5% per hour, then a fee of 15,000 u will be charged in one hour. If charged for a whole day (24 hours), the fee will reach 360,000. If nothing is done in a day, a loss of 360,000 u will occur. The principal of the mysterious little K line, which is 12,000,000 u, will be exhausted in 33 days. If we calculate the fee rate at -2, the principal of the mysterious little K line, 12,000 w, will be exhausted in just 8 days!
This is also why the mysterious little K line is now afraid to open other high-leverage altcoins; it has been constrained by this PIPPIN order.
If the mysterious little K line does not cut losses, it is highly likely to stumble on this PIPPIN order, and ultimately the account will be zeroed.