Liquidation of 120 million, account left with 50,000, and he is still betting with more money!
Last night, the crypto circle once again witnessed the terror of leverage.
In just a few hours, Brother Mahji's account was 'hit' from 1.3 million dollars to just over 50,000—shrinking more than 96%.
This is not the first time he has staged this liquidation drama. Last October, he just experienced an even harsher one: 79 million dollars in ETH long positions were forcibly liquidated, with a profit and loss reversal exceeding 54 million dollars.
But after each massive liquidation, he always deposits hundreds of thousands of dollars within a few days, opens new positions, and continues to go long with high leverage.
Everyone is asking: After losing so much, how does he still have money?
Liquidation of 120 million, account left with 50,000, and he is still betting with more money!
Last night, the crypto circle once again witnessed the terror of leverage.
In just a few hours, Brother Mahji's account was 'hit' from 1.3 million dollars to just over 50,000—shrinking more than 96%.
This is not the first time he has staged this liquidation drama. Last October, he just experienced an even harsher one: 79 million dollars in ETH long positions were forcibly liquidated, with a profit and loss reversal exceeding 54 million dollars.
But after each massive liquidation, he always deposits hundreds of thousands of dollars within a few days, opens new positions, and continues to go long with high leverage.
Everyone is asking: After losing so much, how does he still have money?
WOKE Finance (沃客理财) is a Ponzi scheme disguised under the concept of virtual currency, and it is not a compliant project supported by real blockchain technology. The project uses the gimmick of 'high returns, low risk' to design a deceptive model of 'static returns + dynamic rebates', with the core goal of harvesting the principal of ordinary investors.
In terms of operational logic, participants must first pay funds to purchase the so-called 'WOKE tokens' in order to qualify for static returns. The project party claims that the tokens will continue to appreciate, promising to double returns in a short period. At the same time, the project party vigorously promotes a dynamic reward mechanism for 'referring others', where participants can earn tiered commissions based on the investment amount of each new recruit they develop. The more recruits developed and the larger the team size, the higher the rebate ratio.
In essence, WOKE Finance has no actual business scenario or profit source; the so-called appreciation of tokens and rebates entirely depend on the funds invested by new participants to pay out, making it a typical Ponzi scheme. As the growth in the number of participants slows down, the new funds cannot cover the rebate demands of old users, leading to a sudden break in the capital chain. Ultimately, the project operators abscond with a large amount of investors' funds, disappearing without a trace and leaving behind chaos, with countless participants losing their investments. This case has also become a typical negative example of illegal fundraising using Ponzi schemes in the early cryptocurrency circle.
$SOL Good things are meant to be shared, and today we’re spreading a little extra luck. A limited number of red packets are waiting, filled with surprises for those who show up on time.$SOL
To participate: ❤️ Like this post 🔁 Share it with your friends 💬 Comment “Red Packet” below $SOL {spot}(SOLUSDT) Winners will be selected randomly and contacted soon. Sometimes it’s not about the size of the reward, but the joy of being part of the moment. Don’t miss it.
Yesterday, there was too much news, and everyone expressed their opinions. However, Trump will give a national speech on Thursday, which may preview the New Year policies. This news could be more explosive than any other.
But regardless of what happens later, there will definitely be a rebound. First, the peace negotiations between China and the US are taking shape, and the war is calming down, etc.
So let's look at the longer-term picture for the list and see what's going on with $SOL on the weekly chart 🤔
Currently, SOL has tested its effective support level around 120 multiple times, exceeding 3 times. For nearly a month, the price has been steadily supported by the 200 moving average. We can also see significant similarities in the two MACD areas: a dead cross above the 0 line, and a slow rise forming a golden cross below the 0 line. I guess this golden cross here can be formed.
So we are now positioning a long position on SOL. If we hit a profit, we will be happy; if we incur a loss, a risk-reward ratio of 2:1 is also appropriate. If we don't hit, it doesn't matter.
Entry point ❤️ around 120 for long, stop loss around 94.65, take profit around 173, 3x
Can everyone guess if it will go according to the prediction? 👀
#BNB Brothers, the Diamond Old Three Signal Theory is here, there is a signal to open a position! JELLYJELLY is a good target, enter around 0.094 short, stop loss at 0.102, take profit at your discretion! Profit effect 100%, I have already entered at the current price, personal suggestion, for reference only #ETH走势分析
Friends, good morning on Wednesday! I sent out 1 BNB red envelope. Everyone who follows me and comments '666' can receive it, 2666 copies, everyone gets a share. $BNB
🎁🔥🔥🔥Before Bitcoin, currency was always backed by power; after Bitcoin, currency can be backed by mathematics. Satoshi Nakamoto made 'trust' something that can be verified through proof of work. He made us understand: true decentralization is not just a slogan, but executable rules. Today, when we discuss consensus mechanisms and incentive models, we are continuing to build on his shoulders. Tribute to Satoshi Nakamoto. #巨鲸动向 #加密市场观察 #memecoin🚀🚀🚀 $BNB $恶俗企鹅 $币安人生
The overall trend is still upward, just choose to wait! Playing with cryptocurrencies is like a farmer planting rice; you just plant it and wait for the harvest. The cryptocurrency market is increasingly aligning with the changes of the four seasons: spring planting, summer weeding, autumn harvesting, and winter storing.
Newcomers in the cryptocurrency space should avoid contracts. If you've already started trading contracts and can't control it, then definitely do not short; the rise has no ceiling, while the fall has a bottom. With so many cryptocurrencies available, if you choose to go long on some at the bottom, and those who are already in contracts do not short, then you have already won over 70% of the people. Wang Baiyi's quote: Short-term trading can ruin three generations, contracts can ruin a lifetime, and holding coins can enrich your descendants. If you can quit contracts, try to do so! Warren Buffett's saying is the key to wealth! Protect your principal, protect your principal, protect your principal. $BTC $BNB $SOL #美联储降息 #加密市场反弹 #美SEC推动加密创新监管