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I just realized that many of you in the group often get confused about these quantity symbols on the exchange. It's quite simple but also important if you want to read charts or volume correctly.
Basically, 1K equals 1k, and 1M is one million. If you see 1E on the exchange, that means 100 million. Then 1B = 1 billion, which is most commonly seen when talking about market cap or trading volume.
What's even more interesting is, how much is 1T? It equals one trillion (1 quadrillion). This usually appears when talking about huge numbers, like total market capitalization or the total volume of the entire exchange in a day.
Knowing this will help you avoid confusion when reading news or analyzing from analysts. Simple but sometimes forgotten.