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Exchanges in these years have gone through a lot of turbulence and only those “chosen by fate” could survive.
Back then, giant platforms with market caps of several hundred billion yuan claimed they were absolutely safe, saying the collapse would only take a moment—but in the end, they pulled the network line overnight.
I looked up some materials and compiled a table.
In the crypto world, it feels like protecting your principal is 100 times harder than becoming rich overnight 😭