“Made money, but the door is closed”——the biggest risk of this bull market is not liquidation.
An epic scandal has erupted at the neighboring exchange.
A big player opened a long position of over 50,000 units of $BTC , with hundreds of billions at stake. As a result, the exchange slapped a “market manipulation” label on them—account frozen, forced liquidation, and 517 BTC balance directly confiscated.
517 bitcoins are not 517 dollars.
They are already preparing for international litigation. Last time it was the explosive head, this time it’s the nurse sister’s turn to sacrifice?
Such operations are truly something to behold.
So how to choose a trading platform? It’s not advertising; it’s fear that one day your money is gone, and you can't even find the person.
But is choosing the right platform enough? Naive.
Hong Kong has already started a major cleanup.
USDT merchants have almost all been eliminated, those without licenses are directly out. Want a license? Prepare 25 million Hong Kong dollars in local assets first.
Even if you obtain a license, retail investors are basically blocked from entering—the requirement to legally exchange for U is to prove your assets exceed 8 million Hong Kong dollars.
Not enough? Sorry, you are not qualified.
After the process is completed, U exchanged for Hong Kong dollars can only go into a bank account under the same name.
After a series of combinations, big players can still play, while retail investors are directly declared dead.
The mainland will only be harsher.
OTC merchants are stepping into the sewing machine one after another, Binance is starting to receive anti-fraud calls regarding U. Withdrawal freezes are becoming more frequent, and you never know when the money in your account will truly become just a number on your phone.
So don’t think liquidation is the biggest risk anymore.
Sometimes you make money, but the door has already closed.
Choosing a platform is about integrity; withdrawing money is about fate.
Proceed with caution and cherish what you have.
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If you also want to find a breathing gap in this increasingly narrow passage—
Follow me, and together we will guard the last bit of freedom in the cracks of compliance. #CZ币安广场AMA #非农意外强劲 #美国众议院终止特朗普加拿大关税 #美国零售数据逊预期 $BNB $ETH #易理华割肉清仓
