KZG Crypto
--
The Legend Comes to an End........ The 'Rolling Brother' who made a fortune of over $9 million by leveraging $125,000 to go long on Ethereum, had his position liquidated during last night's and this morning's market crash, leaving only $70,000 in margin, basically zero.
This is a typical Degen story, from hero to dust in just one night. His aggressive rolling strategy created a myth during the uptrend, but it was utterly vulnerable in the face of a sharp pullback. From a peak profit of $43 million down to $6.86 million, and now to this complete liquidation, the market has taught a lesson in the most brutal way.
His story serves as a warning to all leveraged players: the market is always the ultimate winner. Respecting risk and surviving is more important than anything else. RIP to a legend.
This is a typical Degen story, from hero to dust in just one night. His aggressive rolling strategy created a myth during the uptrend, but it was utterly vulnerable in the face of a sharp pullback. From a peak profit of $43 million down to $6.86 million, and now to this complete liquidation, the market has taught a lesson in the most brutal way.
His story serves as a warning to all leveraged players: the market is always the ultimate winner. Respecting risk and surviving is more important than anything else. RIP to a legend.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
