The cryptocurrency market is buzzing again. A large trader shorting PIPPIN has incurred a floating loss of over 6 million dollars due to a small fluctuation, but has not been liquidated yet.
Many people panic at first glance, wondering if a major market event is about to happen.
In fact, it can be summed up in one sentence: it's completely normal!
The volatility in the cryptocurrency market is inherently high; a large trader's floating loss does not equal a market collapse.
It's mostly just short-term capital speculation that makes the market messier.
For ordinary people, there are two key points: don't be swayed by news, and definitely don't try to emulate large traders and hold on stubbornly.
Positioning, stop-loss, and risk control are far more important than direction.
A frightening market is not scary; losing control of your mindset is what can be fatal.
$PIPPIN
PIPPINUSDT
Perp
0.48069
+7.18%