🐳 Top 5 contracts by 24-hour losses:
No.1 $CT -14.05%
No.2 $PONS -13.60%
No.3 $LYN -11.72%
No.4 AIA -11.26%
No.5 ON -10.67%
Leading the losses is $CT (-14.05%). Moves like this are often accompanied by a cascade of liquidations in leveraged long positions. Watch funding rates and open interest to see whether positions have been flushed out; a genuine rebound is more likely after the shakeout.

#CT

In highly volatile markets, risk management comes first.