💥 Ethereum Whale Wiped Out: $306M Gone in Minutes! 🚨

A high-stakes Ethereum whale just got rekt after losing $306.85M in one of the biggest single liquidations in crypto history! 😱 Here’s how it all went down:

📉 The $300M ETH Liquidation Breakdown

🔹 Whale started trading ETH on March 10, 202
🔹 Sold 947 ETH for $1.95M USDC and longed ETH using 50x leverage
🔹 Kept adding ETH, eventually reaching 140,458 ETH ($269.8M position)
🔹 Entry price: $1,900.28 | Liquidation level: $1,805
🔹 At one point, he was UP $3.65M … then ETH dipped below $1,805
🔹 BOOM! 160,234 ETH ($306.85M) LIQUIDATED in minutes 😵

🎰 High Leverage = High Risk!

One trader on X summed it up best:

💬 “This is why trading with leverage is basically gambling – one wrong move and it’s game over.”

🚨 LESSON? 50x leverage is a double-edged sword – a small price drop can erase everything.

📢 What do you think?

Was this bad luck or bad risk management?

Drop your thoughts below! 👇