A trader encountered a Waterloo on a popular Token. The current price is 0.46, and the account has already lost 2.47 million dollars. Speaking of the whole story, it’s a bit dangerous—this guy originally had a 4 million dollar position, and with the current losses, he has a total of 6.5 million dollars at stake. The entire account scale is 17 million dollars, and considering the continuous consumption of funding, the market only needs to rise another 1.8 to 2 times, with the price in the range of 1.2 to 1.35 to directly Get Liquidated. This operation indeed feels a bit like being sniped. The cruelty of the market sometimes lies not in your directional judgment, but in every detail of fund management.

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HappyToBeDumpedvip
· 9h ago
Wow, this guy really went big, 2.47 million USD just vanished like that... Leverage is a double-edged sword; if your fund management isn’t in place, you can Get Liquidated in a second, it’s insane. The issue isn't whether you are right or wrong, it's whether you can survive to see that day, got it? That's why I always use stop loss; even in the best market conditions, you can't withstand a Get Liquidated. Funding costs eat away every day, and now I have to pray that the price doesn’t rise... it’s really tough. Look at this account size of 17 million, with a loss of 6.5 million, how strong must that mindset be... or how numb.
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staking_grampsvip
· 9h ago
2.47 million loss? This guy should change his name to Gambler, as his capital management is truly a battlefield.
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OnChainSleuthvip
· 9h ago
2.47 million dollars just vanished like that, this is the true gambler's mentality. Leverage really can kill people. --- Price shot up to 1.2 and got liquidated? Brother, this risk management is too pump, it’s like gambling with your life. --- This is why I always say that money management is more important than choosing coins. Getting the direction right but dying in the details, ironic isn’t it? --- 6.5 million pressed on one coin, how confident must this guy be... or how desperate. --- Another story of being killed by leverage, after seeing so many times, there are still people jumping in, it's really crazy. --- With an account of 17 million still daring to play like this, I really want to know what they are thinking... --- Sniped? No, this guy jumped in voluntarily. Leverage is just an amplifier, if the direction is right, it's heaven; if wrong, it's hell. --- The continuous consumption of funding fees is the craziest part, money burns day by day, and you still have to gamble for a rescue later. --- With such a level of loss, the mentality must have collapsed, another wave of fall and it's game over.
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LiquidationHuntervip
· 10h ago
Putting 6.5 million dollars in there is really desperate, this is the consequence of not setting a stop loss.
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