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I just realized that many of you are still confused about the numerical symbols on exchanges. Especially when you see 1M and don't understand what it means, or when looking at charts and seeing unfamiliar numbers.
Actually, it's very simple. 1K is 1k, 1M (1 million) is one million, 1E is 100 million, 1B is 1 billion, and 1T is 1 trillion. Each has its own meaning when you look at volume, market cap, or other indicators on the exchange.
Next time you see these symbols, you'll immediately understand what they represent. Knowing what 1M and other units mean helps you read data more accurately, never confusing the actual numbers. It's quite useful when trading or analyzing the market.