The cumulative losses of the three exchanges' positions have already exceeded 70 million. I still remember the spike to 0.76 in the evening, with the account floating loss once surpassing 200 million. Watching the numbers fluctuate was really panic-inducing; I almost couldn't resist cutting my losses and escaping. What's even more heartbreaking is that the daily funding rates are like bloodsucking, and this series of operations has completely refreshed my understanding of contracts and altcoins.

Actually, I broke even the day before yesterday, and even made a small profit. The opening price was 0.29, and at the lowest point, I added near 0.25, with several million in floating profit on the books at that time. I originally planned to wait for it to bottom out and fully unwind, but what happened? Not only did it not go as planned, but I lost even more. If this trend continues upward, the deficit could approach 100 million.

Now I only have one thought—wait for a pullback opportunity as soon as possible, aim to get back to the cost price and then immediately exit; being able to preserve the principal is already a win.