🚨 Explosive! 45 minutes of 'death replenishment'! Brother Ma Ji just added 2500 pieces $ETH and exploded right after, how terrifying is the high-leverage meat grinder?
A shocking scene just unfolded: 'Brother Ma Ji' Huang Licheng recharged his contract account with 250,000 U, urgently replenishing 800 pieces of ETH long positions. However, the market gave no mercy; within less than an hour after the replenishment, $BTC Bitcoin led the market to a decline, and his positions faced ruthless liquidation, with over 2500 pieces of ETH disappearing in just 45 minutes.
This is not his first time 'filling the pit'. Previously, his ETH long positions had already incurred a floating loss of 94%, and his account funds once dwindled to just 270,000 USD. After this 'death replenishment', the liquidation line of his remaining 2300 pieces of ETH long positions has been suspended at the edge of 3009 USD.
💥 A storm sweeping the entire field
The tragedy of the big shots is just the tip of the iceberg in the market. Last night, Bitcoin fell below 88,000 USD, triggering a chain liquidation across the network.
· The entire network suffered heavy losses: In the past 24 hours, the cryptocurrency market experienced liquidations worth 270 million USD, with over 110,000 people being liquidated.
· Long positions suffered severely: Among them, long positions faced liquidations of 230 million USD, far exceeding short positions. Market analysis believes that the significant cooling of expectations for the Federal Reserve to cut interest rates next January is the main reason for the sell-off.
🚨 Risk control revelation: Surviving means output
The case of Brother Ma Ji is a blood letter written to all high-leverage players:
1. Leverage is an amplifier, not a money printer: At 25x leverage, even a small fluctuation can wipe out a massive position.
2. 'Catching flying knives' is top-level risk: Replenishing positions against the downward trend in an attempt to average down costs often just expands the injury.
3. Respect the market: Regardless of how much capital you have, you are equally vulnerable in the face of systemic market risks (such as sudden changes in macro expectations).
When even the stop-loss lines of the big shots are breached, do you feel fear or see opportunity?
💥 Focus on Ethereum chain, Musk's little milk 🐶 dog p. u .p .p. i .e .s, 加入马斯克财富密码社区
👉 Let's discuss in the comments: Do you think this is the ultimate panic in the market or a signal of a downward continuation? Can your positions withstand such volatility?
