Just a few days ago, something scarier than a horror movie happened in the crypto world, a superstar with five hundred and eighty thousand Ethereum is being publicly executed.Can you believe it? This former big shot worth seventy-six billion dollars is now kneeling in front of A's algorithm, trembling.$ETH From four thousand eight hundred to 1740 dollars, the ten billion dollars of circular loans he was doing on Aave have collapsed, and now the entire network is watching this financial death penalty. To avoid being forcefully liquidated by the system, he is trying to avoid crazy selling of coins.What do you call this? This is called cutting losses to replenish margins. The more he sells, the lower the price drops; the lower the price drops, the more he has to sell. It’s a hopeless death spiral. This is how capital died in 2022. The script for 2026 hasn't changed at all, many people ask what leverage really is.I see that leverage is the time that God lends you, but when he charges interest, what he demands is your life.