ETH long buddy is suspected to be liquidated
The ETH long buddy used the remaining funds after being liquidated yesterday to open a long position in ETH again today, but was liquidated once more. A few days ago, he deposited $3.437 million, but now only $47,000 is left. After being liquidated yesterday morning, the buddy had $220,000 remaining as margin. However, he did not give up and immediately used this remaining capital to reopen a long position in ETH at $3,052. Originally, as ETH rebounded to $3,200 during the day yesterday, he should have had hundreds of thousands in profit, but he did not take any profits. Early this morning, as ETH dropped below $3,000, his position was liquidated down to only $47,000 in margin remaining. This operation had no concealment, but instead exuded extreme authenticity: September floating profit of 44 million → October flash crash and did not exit → November consecutive liquidations → even used the last $220,000 to reopen a long position at 3052 → liquidation price 3043 → directly exploded. Trading is the most dangerous job in the world, and I hope the buddy can make a comeback! Wishing every trader eternal good luck!
