ETH is bleeding again, and this time the one caught in the crossfire is the well-known pro, Ma Ji Da Ge.
In the early hours, on-chain data analyst Yu Jin detected a shocking forced liquidation - Brother Ma Ji's 400 ETH was ruthlessly swept out by the system at a price of $2792. Even more heartbreaking is that he still had a position worth $4.52 million in his account, and this operation probably made the pro who woke up in the morning question his life. Some netizens joked: 'Originally wanted to buy the dip, but ended up becoming someone else's bargain.'
The contract market is just that cruel. Leverage is enjoyable, but liquidation brings tears. Especially during volatile market conditions, bulls and bears take turns reporting to the rooftop; yesterday they were bragging, and today they might be licking their wounds.
Speaking of which, have you all experienced the heart-stopping moments of liquidation recently? Or do you think ETH can make a comeback this time? Let’s discuss in the comments and share your real-life experiences and lessons learned, which might help others avoid pitfalls.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ETH is bleeding again, and this time the one caught in the crossfire is the well-known pro, Ma Ji Da Ge.
In the early hours, on-chain data analyst Yu Jin detected a shocking forced liquidation - Brother Ma Ji's 400 ETH was ruthlessly swept out by the system at a price of $2792. Even more heartbreaking is that he still had a position worth $4.52 million in his account, and this operation probably made the pro who woke up in the morning question his life. Some netizens joked: 'Originally wanted to buy the dip, but ended up becoming someone else's bargain.'
The contract market is just that cruel. Leverage is enjoyable, but liquidation brings tears. Especially during volatile market conditions, bulls and bears take turns reporting to the rooftop; yesterday they were bragging, and today they might be licking their wounds.
Speaking of which, have you all experienced the heart-stopping moments of liquidation recently? Or do you think ETH can make a comeback this time? Let’s discuss in the comments and share your real-life experiences and lessons learned, which might help others avoid pitfalls.