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Why are there so many people getting liquidated? The main reasons are as follows:

Risk of Margin Trading: Although Margin Trading can amplify gains, it also amplifies risks. When there is a significant Fluctuation in the market, Margin Trading investors often find it difficult to bear significant losses, resulting in being Liquidated.

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Investors' blind following: In the Cryptocurrency market, many investors blindly follow the crowd. They rush into the market when they see the price of BTC pumping, and panic dumping when the price of BTC falls. This blind following behavior often leads to significant losses for investors in market Fluctuation.

Lack of Risk Management awareness: Many investors lack sufficient Risk Management awareness when participating in the Cryptocurrency market. They often fail to establish a reasonable investment strategy and risk control measures, instead blindly pursuing high returns. When the market experiences unfavorable conditions, these investors often fail to respond in a timely manner, resulting in Get Liquidated.