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$ID 📈 ID climbs to $0.031 — up 18% in 24 hours!
SPACE ID ecosystem is heating up again, but risks lie ahead:
⚠️ Risks to Watch
1️⃣ Leverage Function Closing Soon: Bitget will officially shut down ID's leveraged borrowing feature on May 28 at 18:00 (UTC+8) — any open leveraged positions will face systemic liquidation risk.
2️⃣ Collateral Ratio Drops to Zero: After the closure, ID's collateral ratio will drop to 0. Users holding leveraged positions must repay or add collateral in advance.
📊 Market Data
Current price $0.031 | Gain +18% | Daily chart shows a technical bounce after oversold conditions. Short-term momentum is driven by short covering.
💡 Action Reminder
The leverage feature is shutting down soon. Users with ID leveraged positions must take action before May 27 to avoid forced liquidation. Whether the spot-side rebound continues depends on the market's ability to absorb this supply-side pressure.
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