Opened X and found that quite a few hedged MMT positions got liquidated. The most thing is that @MMTFinance's airdrop is still unclaimable, and they just had to choose the Asian session early morning for a sneak attack. A lot of people were just hedging a few hundred or thousand U, trying to make some pocket money for a meal, but woke up to find their principal blown up 10x. Sigh, this is just too fragmented—going long on mainstream assets gets liquidated, shorting MMT also gets liquidated. The market has no direction, only harvesting. Time to play defense.