As for the friend, because he has a [mindless long position] strategy, whenever $ETH experiences a pullback of more than 3 points, you can see his long positions being liquidated for losses 😂

Today was no exception; his ETH long position was liquidated again during the early morning drop.

In fact, his [mindless long position] strategy means that as long as the market isn't continuously rising, he will only lose money:

◎ Invest money to go long → ETH rises → unrealized profits roll over → ETH slightly retraces → loses money;

◎ Invest money to go long → ETH falls → loses money.

Because he mindlessly goes long, from the significant drop on 10/11 until now, he has already lost $20.62 million in principal.

Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872