Just had a voice chat with Shan Zi, a few old friends who had 500K-1M RMB in funds, played until it dropped below 100K RMB. Basically, most of it was lost on Perps and BNB Chain MEMEs, Ah Zhao's own balance also dropped from 300+ to below 190. Ah Zhao feels like this is probably a short-term bottom, since most people have already lost their funds, any further drop would just be rude. In Perps, friends playing 2x contracts have all been liquidated. Sigh...