This market correction, to put it simply, is a test of who can survive until the end. A few days ago, I looked at the real trading account data of a trader on a leading exchange, and it was quite upsetting.
The numbers are quite sobering. Once glorious, now the account's total profit and loss have dropped to -$212,000. The most frightening thing is a BTCUSDT long position with 30x leverage, with a loss rate soaring to 653.58%, losing $257,000 in a single trade.
Thinking about it, it's clear that this is the cost of holding through the downturn. It's not just about losing money; it's also a test of mental resilience. When the market is unfavorable, many people choose to hold on stubbornly, hoping for a rebound to save them. But the market doesn't give face; the more they hold, the deeper they go, and high leverage amplifies every fluctuation, ultimately leading to this—accounts being drained.
High leverage has never been a tool for wealth; it's a double-edged sword. Any small price movement can become a fatal blow under high multiples. The lesson from this is painfully clear and worth every participant's deep reflection.
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MemeCoinSavant
· 5h ago
bro that 653% loss hit different... my regression analysis suggests this is what happens when hopium meets 30x leverage, statistically speaking its just brutal math
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quietly_staking
· 6h ago
Playing with 30x leverage resulting in a 653% loss, this is truly a living textbook example, it even hurts to watch.
Some insist on betting on a market rebound, only to be completely eaten up, and they still can't understand why.
Leverage, in essence, is like drinking poison to quench thirst; sooner or later, you'll have to settle the bill.
This account went from glory to bankruptcy in just a few market cycles, it's terrifying upon closer inspection.
Finally giving in to the last stand, it's better to cut losses early and be done with it.
The market just eats this kind of behavior; once your mentality collapses, everything is over.
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CountdownToBroke
· 6h ago
30x leverage is really playing with fire. This guy probably has to eat dirt for years.
Resisting a position is gambling; the market won't sympathize with your mindset.
653% loss... it hurts to watch. Leverage is just a trap.
Those who make it to the end are risk controllers, not all-in gamblers.
This kind of account public data is actually much more interesting than press releases; it's so real.
25.7K just disappeared like that. High leverage really should be banned.
Surviving the crypto world is already a win.
I've seen too many like this, ending up crying in the dark.
A double-edged sword sounds nice, but it's actually a tool for cutting leeks.
The most fatal part is the psychology of resisting positions. You can still make money if you lose it, but if your mindset collapses, it's over.
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AirdropBlackHole
· 6h ago
From anti-single to liquidation, this is the end result of greed
Playing with 30x leverage is playing with fire; you'll burn your hand sooner or later
Losing your composure, and your account is truly gone
Those who survive until the end are never gamblers, but those who know how to cut losses
This data is a bit painful to look at, but someone really has to step into this pit
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RegenRestorer
· 6h ago
30x leverage still holding positions, this guy is really brave, lost $250,000 just like that
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The outcome of stubbornly holding positions is like this, should have cut losses early
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Looking at this data, I understand that high leverage is really not a good thing
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653% loss rate, this account is probably beyond saving
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Sorry, but this guy deserves it. Knowing the risks of leverage, he still plays like this
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Every time I see these bloody examples, I feel lucky I didn't use 30x leverage
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When your mentality collapses, it's easy to hold positions, and then you end up with nothing
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Sigh, another victim of high leverage, such lessons are too costly
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Rebound redemption? The market doesn't care about your fantasies
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Leverage is like drugs, once addicted, there's no turning back
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ImaginaryWhale
· 6h ago
Playing with 30x leverage and incurring a 653% loss, this guy is really ruthless, directly losing 257,000...
It's satisfying to resist a single order, but liquidation is a cremation ground. I understand the logic, but I just can't control my hand.
This is the true portrayal of high leverage; even small fluctuations can be deadly.
Looking at this case, I really feel scared. How many people are repeating this tragedy?
This market correction, to put it simply, is a test of who can survive until the end. A few days ago, I looked at the real trading account data of a trader on a leading exchange, and it was quite upsetting.
The numbers are quite sobering. Once glorious, now the account's total profit and loss have dropped to -$212,000. The most frightening thing is a BTCUSDT long position with 30x leverage, with a loss rate soaring to 653.58%, losing $257,000 in a single trade.
Thinking about it, it's clear that this is the cost of holding through the downturn. It's not just about losing money; it's also a test of mental resilience. When the market is unfavorable, many people choose to hold on stubbornly, hoping for a rebound to save them. But the market doesn't give face; the more they hold, the deeper they go, and high leverage amplifies every fluctuation, ultimately leading to this—accounts being drained.
High leverage has never been a tool for wealth; it's a double-edged sword. Any small price movement can become a fatal blow under high multiples. The lesson from this is painfully clear and worth every participant's deep reflection.