A stablecoin issued by a certain entity has recently experienced significant price fluctuations, primarily due to a lack of liquidity. Some investors were attracted by an annual yield of 20%, but they did not realize the true risks behind this extreme market. When trading depth is insufficient, even small sell pressure can lead to sudden crashes of this kind. From a holding perspective, the impact on short-term volatility is limited, but users participating in high-yield promises should be cautious of liquidity traps. In bear markets and volatile markets, these risks are amplified infinitely. When choosing stablecoin products, liquidity should be a primary factor to consider.$PIPPIN #Gate2025AnnualReportComing