According to CoinMeta, MEXC recently had 2.67 billion US dollars worth of unliquidated Bitcoin contracts disappear within a minute. MEXC has a strong user base and trading presence in the Asian market, so such extreme fluctuations could provide interesting signals for market positioning and the potential resolution of risks during Asian trading hours. Although this does not necessarily mean that all of these positions belong to Asian traders, MEXC's strong presence in the region makes this event worth close attention. Meanwhile, other exchanges remained relatively stable, showing normal fluctuations in unliquidated contracts consistent with a day of market hesitation.