$IO 's price action is a good opportunity to discuss how “spot prices are not the same as leveraged trading outcomes.”
Changes in an asset's price and the profit or loss on a leveraged position are not measured on the same basis. A leveraged position also involves principal, notional size, margin requirements, and fees, and may be subject to forced liquidation. Ordinary spot trading without borrowing works differently from these mechanisms. A price chart alone cannot show what people using different trading methods actually experienced.
The actual figures for comparison are: Binance spot, 11/14 17:10–18:10 (Beijing time): down 0.19% over the hour, with a trading volume of 18,800 USDT, 1.05 times that of the previous hour. The closing price for the period was 0.1076 USDT.
Before discussing trading outcomes, first clarify whether you're talking about spot trading without borrowing, margin trading, or derivatives, then check the rules for each.
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