The big crypto bear market suddenly resulted in a loss of 6 million USD overnight! What does this really mean? Tang Long explains clearly.

Today I came across some shocking news:
A big player in the circle who was shorting PIPPIN experienced a paper loss of over 6 million USD due to a small price fluctuation. The numbers look terrifying, but they have a strong margin and haven't been forced to liquidate.

Once the news broke, the group exploded,
Many people came to ask me:
👉 Is something big about to happen?
👉 Is the market going to crash?

Let me clarify with one sentence:
This is very normal in the crypto world.

That's how it is in the crypto circle, with wildly unpredictable fluctuations,
Don’t just think about small investors—big players can also bleed heavily in just one or two K-line candles.
But note—
Big losses don’t mean the market is doomed.

Such events can indeed stir up the market in the short term,
Jumping around, sweeping people back and forth,
But in the long run, the market still follows its own rhythm.

The real troublemakers are not the market,
But people being led by news and their mindset collapsing first.

⸻

So what should ordinary players do?

First,
Don’t get impulsive just because others are losing money and imitate them.
You don’t have their capital size, nor that kind of resilience.

For shorting,
Always set stop-losses, don’t hold on stubbornly.
For longing,
These fluctuations do present opportunities,
But only if—don’t be greedy.

Second, and most importantly:
👉 Risk control always comes first.

Use idle funds to enter,
Control your position size well,
Don’t get wiped out with one shake.

Remember this:
Don’t get cocky when you make money, don’t panic when you lose.
Those who can survive in this kind of market,
are the ones who will finally have the chance to make money. #2025Gate年度账单