The $FIL contract fee has surged on a major centralized exchange, leading to a significant liquidation totaling $6.2 million within just 24 hours. This sharp rise in fees has raised concerns among investors and traders. As a result of this increase, many positions were liquidated, highlighting the risks associated with trading in volatile markets. The substantial liquidation indicates the impact of contract fee changes on market dynamics and investor behavior. This event could prompt a reevaluation of trading strategies by participants on the exchange, as adjustments may be necessary to manage risks effectively.
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Last updated on November 7th, 2025 at 01:40 am
