The cryptocurrency world has no privacy at all, precise liquidation of 220 million
清风btc
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There is really no privacy in the crypto world; major holders are precisely liquidated for $230 million.
The major and secondary coins have both plummeted, resulting in over $2.4 billion in long liquidations across the network within 24 hours, including 1011, which collapsed and opened a short position, leading to a liquidation loss of $230 million. It really seems like they are targeting major holders for liquidation; I myself have lost over 800U.
It feels really dangerous for those who like to open contracts on-chain and with large funds on exchanges; they can take you away in an instant and then quickly rebound.
If these people all use dark pool trading, it will definitely avoid a lot of liquidation and margin calls.
The 'transparency' of blockchain was once seen as the holy grail, but now it has become the biggest obstacle for institutions to enter the market. In a 'glass house' where there are no commercial secrets, the real financial market cannot operate. Dusk Network uses 'on-chain privacy' as a breakthrough point, employing zero-knowledge proof technology to protect transaction data while meeting regulatory requirements. This article will reveal why privacy is the real key to the trillion-dollar RWA (real-world assets) market.
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