The launch of prediction markets is indeed highly anticipated, but the hybrid margin mechanism harbors significant hidden risks—large account liquidations are likely to happen again. In comparison, the volatility in the BP secondary market is much more moderate, unlike some prediction markets where token prices fluctuate extremely, with situations where prices drop from 99 straight down to 1 being quite common.



However, from the perspective of professional traders, this high-risk design actually breeds opportunities. Chaotic market environments are often the most strategic spaces, where various arbitrage, hedging, and even innovative trading methods can be employed. Risk and reward have always been twin brothers.
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