This guy has written many articles already... He first became famous because he had opened a long position of up to 400 million... Directly dominating the leaderboard in the exchange...
But this guy has been unlucky every time he opens a 400 million position, encountering various news sanctions... I remember that time when he had a dispute with Chuanma and later fired rockets at Iran... In short, every time he was at 100-200 million, he was making profits, adding to his position with floating profits, and every time he reached 400 million, he got wrecked...
After consecutively opening a 400 million position 3-4 times and getting wrecked, his mentality completely shattered....
The 40 million margin once dropped to only 7 million left...
He then started his slow recovery journey... After grinding with small positions a few times, he finally caught the wave at 7.9 between 110,000 and 120,000... This also involved adding to his large position, which directly turned his fortune around, not only recovering the previous loss of over 30 million, but even floating a profit of several million at the peak... At that time, he even posted an article, wondering whether he should take the profit and stop, or if he wanted to push for 130,000 and directly increase his margin to 100 million....
The result was later known, he lost his profits during the fluctuation... But he still managed to recover 40 million...
However, as always, trend players die in fluctuations... During these fluctuations in the second half of July, he tried to take large positions at 11.8 and 11.9 to bet on a breakthrough... As a result, he was educated by the market every time... In one of the recent instances, he opened a position of 400 million... But 400 million feels like a curse for him; every time he reaches 400 million, he gets wrecked... (Maybe every time he reaches 400 million, the market targets him... After all, in DEX, everything from position to liquidation price is transparent)
His margin also went from the hard-earned break-even of 40 million to only 3 million left...
His final downfall was this wave that started on Tuesday... At that time, he once again approached around 11.90, and he continued to take large positions to bet on a breakthrough... He got it wrong..
The Federal Reserve meeting directly liquidated a large part of his positions... In the end, he had over 1 million margin left... Later, when V went up, he chose to continue adding positions and gambling...
This morning, during the spike to 11.42... Finally, all his positions were completely liquidated...
He no longer holds any positions, with only the last liquidation remaining of 80,000 U...
Since he entered HL on June 12, his total PnL is $-39,966,626.11, with a net loss of 40 million...
Another giant whale has fallen....