I saw that guy's operation again in the early morning—his account has dwindled to just over a hundred thousand dollars, yet he still managed to deposit 250,000 USDC in the middle of the night.

This time it's still the familiar formula: no analysis, no stop-loss, just fully leverage to long ETH.

I currently hold a long position of 7.54 million USD, with an opening average price of 2840, and the liquidation line is approaching 2698. Looking back at this wave of market movements, October 11th was actually a critical turning point. After that, the market continued to decline, but he kept increasing his position and took a beating.

The cumulative loss has skyrocketed to 21.1 million dollars.

This is not trading at all; it's clearly a demonstration of what it means to "not turn back until hitting a wall." The market will never change direction because of your persistence; liquidation will happen regardless.