Seventy Days of Hope… and Then Straight Back Into the Fire💥.
0xa5B0 finally blinked. After sitting in an $ETH long for more than two months — watching, waiting, probably telling himself “just a little more” -- he closed it out and locked in a brutal $9.63M loss. Painful, no way around it.
But instead of stepping back… he turned right around and went again.
Almost immediately, he spun up a fresh long on 60,000 ETH, now sitting at roughly $123.36M in size. This one’s running at 15× leverage, entry around $2,059.8, with ETH hovering just under that at $2,056. Not much breathing room, honestly. Liquidation’s way down at $1,329, but leverage does funny things to your nerves long before that.
Right now, the position is already bleeding -- about $222K down, roughly −2.7%, and that’s before funding nibbles away another $1.2K. Margin posted sits near $8.22M, and total perp PnL across the account is still deep red, around −$8.37M.
It’s one of those trades where you can almost feel the mindset… took a big hit, shook it off, doubled down anyway. Conviction or stubbornness ---sometimes the line’s thin.
Wallet:
0xa5B0eDF6B55128E0DdaE8e51aC538c3188401D41
