In past bear markets, a few exchanges were always sacrificed in the mid-to-late stages—some small, some big. This bear market has already gone through 1/2 of its course. Some say JU Coin was sacrificed, but I don’t think JU Coin counts because it runs off and sells its shell every bear market, then comes back to harvest in the bull market. Recently, I’ve heard that many exchanges have started layoffs and cost-cutting. In the next few months, we might see some familiar exchanges collapse~