Always confused by these letters when looking at exchange data? It's actually quite simple; these are abbreviations for numbers: 1K means 1 thousand, 1M is 1 million, 1E represents 100 million, 1B equals 1 billion, and 1T is 1 trillion. Next time you check market data, you won't be confused; these units are used very frequently in the crypto world, and once you understand them, you'll be able to quickly respond when looking at Candlestick Charts, volume, and so on.
View Original