RBL-Rasedul

Why am I not worried?
Because I have unlimited margin, and MMT is the dapp on SUI
Its market cap cannot exceed SUI
So as long as I can ensure that the strong rating is lower than SUI's market cap, it won't blow up my position
Secondly, I also don't believe that the doge dealer has the strength to push this coin to a fully unlocked market cap of 20 billion, I know the doge dealer too well
In summary, this operation was indeed a bit careless, and I still need to strictly follow the trading plan, opening a position must include a stop loss $BNB $MMT #BTCDown100k

Another source (ChainCatcher) reports that in the same timeframe the total liquidations were ≈ $556 million, with long positions ≈ $271 million and shorts ≈ $285 million.
In a larger context, the crypto market also recently had a historic liquidation event of over $19 billion in 24 hours.
So the $528 million number appears to refer to one specific slice of liquidations (perhaps long positions on a particular exchange or derivative market), rather than the full market
Leverage risk: Liquidations usually happen when traders are using margin/leveraged positions. A sharp move against their bet triggers forced exits, which exacerbate price moves.
Market sentiment: A large liquidation event can spook markets, reduce appetite for risk, and trigger further selling — a cascade effect.
Structural signals: Even though $528 million is relatively modest compared to multi-billion events, it suggests there is still significant leverage in the system and that traders are vulnerable to sharp moves.
Short vs long pressure: The ChainCatcher data showing nearly balanced long/short liquidations (≈ $271 m long vs $285 m short) suggests the move wasn’t purely a long squeeze — both sides are under pressure.

I hope everyone is doing well! I have not been able to stay regularly active in the office for a few days due to many responsibilities, so I am starting again from today. I hope everyone will help, thank you all.

According to Deep Tide Techflow News, on February 9, according to Sing Tao Daily, the Chief Executive's policy unit in Hong Kong held a seminar on digital finance, which was attended by a research team from the People's Bank of China's Financial Research Institute, members of the Web 3.0 Development Task Force, and former Chief Executive of the Monetary Authority Norman Chan. Norman Chan stated that 'cryptocurrency is not the only encrypted item or currency,' and noted that assets like Bitcoin do not possess the characteristics of a currency, which creates regulatory requirements in areas such as anti-money laundering and investor protection. Participants also suggested that Hong Kong could explore increasing oversight on digital wallets and enhancing tracking of illegal activities to build market confidence in the future.