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I often see new users on exchanges confused by strange symbols like 1K, 1M, 1B... Today I’m sharing this for easy reference.
So what does 1M mean? It’s simply 1 million (1 million). There are also 1K = 1 thousand, 1E = 100 million, 1B = 1 billion, and 1T = 1 trillion. These are commonly seen when you look at trading volume, market cap, or wallet values on exchanges.
Understanding these units will help you read data more easily, and you won’t be scared just because the numbers are big. Especially when tracking pump events or analyzing market trends, you need to master these to avoid confusion.