**๐จ Crypto Trader @qwatio Suffers Massive Liquidation Carnage! ๏ฟฝ**
**๐ Total Wipeout:**
๐ฐ **387 BTC** (~$42.18M)
๐ฐ **2,990 ETH** (~$7.65M)
๐ฅ **Total Liquidated: ~$49.83M**
**๐ฅ Account Meltdown:**
๐ **Starting Balance:** $16.28M
๐ **After Liquidation:** $610K
๐ **Total Loss:** **-$15.67M (96.25% GONE!)**
### **๐ What Went Wrong?**
1๏ธโฃ **Over-Leveraged Shorts** โ Likely kept shorting market dips, expecting deeper crashes.
2๏ธโฃ **Liquidation Domino Effect** โ Each liquidation triggered more losses in a cascade.
3๏ธโฃ **No Risk Management** โ No stop-losses or position sizing to prevent total wipeout.
### **๐ก Key Lessons:**
โ ๏ธ **Leverage = Double-Edged Sword** โ Can amplify gains but destroys accounts faster.
๐ **Stop-Losses Save Lives** โ Without them, one bad trade can erase everything.
๐ **Trend Is Your Friend** โ Fighting the market (e.g., endless shorts) = liquidation bait.
**๐คก The Cycle Continues:**
*"Short โ Liquidated โ Deposit โ Repeat"*
**๐ฌ Retweet if youโve ever been wrecked by leverage!**
**๐ Drop a ๐งปโ if youโve survived a liquidation!**
*(DYOR & trade safe!)* ๐จ๐ฎ
