"Liquidation is the closest path to the roof; the higher the leverage, the faster the elevator!"
Brothers, today’s market has my scalp tingling, truly a graveyard for large accounts! I just saw the news, my hand trembled and I almost spilled my milk tea on the keyboard—another whale was cut by the market like a vegetable! In just three days, a blood loss of over 10 million dollars! Enough for me to buy two apartments in Shanghai!
In just these three days! A big account with the code 0x916E went against the market, crazily shorting! And the result? The market specializes in defying!
On the first day: the news reported he blew up 8.2 million dollars, and I even told the fan group, “This guy is really stubborn.”
Today (the crucial 3 hours!): Bitcoin suddenly surged to 108,000, and ETH also climbed! Good heavens, it directly poked the hornet's nest! In just a short 3 hours! This guy's position was like being run over by a bulldozer:
668 BTC, gone!
16,531 ETH, gone too!
In just three days, he lost over 10 million dollars! Truly, a day in the crypto world feels like ten years in reality... It gives me chills down my back!
Why is it so tragic? My analysis:
Leverage is played too high! BTC leveraged at 40x, ETH at 25x! This isn’t trading; it’s like launching a rocket to crash into an asteroid! A slight tremor, and the position disappears into thin air.
The liquidation point is set "precisely to self-destruct"! His BTC liquidation price was set at $107,620, and today the market just happened to rush past $108k... Isn't this just stretching your neck waiting for the knife?
Shorting both BTC and ETH! These two big brothers often move together; if one collapses, it’s easy to drag the other down. He did well, shorting both sides; when the market pulled back, he got “double killed”! This operation makes me want to hand him a cigarette...
Whales fighting, retail investors watching the show:
Even more surreal, just as this guy was getting liquidated to nothing:
On the other side, there’s a 'war god' whale, claiming a '100% win rate against ETH', and he’s still increasing his position shorting 10,000 ETH! Total short position of 50,000 ETH! Such courage... Is he a true god or the next candidate for the roof?
What are the institutions doing? BlackRock is secretly bottom-fishing! They quietly withdrew over 10,000 ETH from Coinbase, with an average price of $2431. Big accounts are getting liquidated, and institutions are picking up cheap? I’m familiar with this script! So never go against the trend; last night we continued to provide a long position strategy, although there were a few small setbacks, we still steadily made profits!
Follow me, pay attention to Xiao Chen's homepage, I’ll guide you step by step; did you get shaken out when it dropped below 2400 last night?
Brothers, this isn't the first incident this year, and it won't be the last! In March, there was a massive crash, losing 620 million dollars in one day, over 220,000 people cried in the bathroom! At the end of May, it lost another 250 million! High leverage is a meat grinder, specifically for crushing big accounts and retail investors who get too greedy! Watching the account numbers jump is exhilarating? The moment the liquidation notification pops up, you just want to die!
"Who will be the next whale to be slaughtered? The roulette of the leverage game never stops spinning!"
Want to know how to avoid these liquidation traps? How to play leverage safely?
Hit the follow button! I’ll teach you the "liquidation prevention secrets" step by step; protecting your capital is more important than anything else! Don’t wait until you’re liquidated to remember how strong the wind is on the roof!
