In fact, stablecoins are not stable

The stablecoin leader USDT, which has long been criticized, also has moments of "de-pegging." However, due to its strong strength and large scale, it hasn't de-pegged as severely as some other stablecoins…

But we cannot expect all stablecoins to return to a 1:1 average.

One day, when trying to take some profit, one might end up being the one sacrificed for that profit…

Just like this wave of cleansing in the crypto altcoin market, the money earned over more than two years in a bull market could vanish overnight.

What we fear is the black swan moment!

This is also a stress test.

It tests the extreme risks of this market, as well as the exchanges, and it also tests the risk exposure and corresponding measures of both institutions and retail investors.

I believe there are still institutions hidden among them that have yet to be liquidated…

Let's see who else gets sacrificed in this cleansing.

Surviving is the only way to laugh last.

Whether it's retail investors, exchanges, or institutions. 🙃

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