$BTC Goodness! In just one night, has he gone from being a 'genius strategist' to a martyr that 'resists against the trend'? The position rolled to $665 million, with an unrealized loss of $17.67 million still showing off muscles; this isn't strength, it's treating stubbornness as a new tactic!
Can someone translate what 'continuously filled sell orders during a decline' means? Isn't it just being infuriated by the decline and using the astronomical figure of $541 million in the eyes of retail investors to average down the $3,173.34 ETH cost? He really thinks he’s a war god, but in reality, he’s just playing the rich man's game of 'I have unlimited bullets to average down.' But in the crypto world, there are all kinds of remedies for those who refuse to comply; the larger your position, the more your stop-loss line looks like an open target, and the market makers have a thousand ways to turn your unrealized loss into actual ashes.
Wake up, family! This kind of 'whale holding position' plot is the most clichéd. His loss of $17.67 million might just be a scratch; if you learn from him, it will be a disaster. All seemingly heroic 'market protection' is ultimately to attract even dumber liquidity to back him up. You admire his 'strength', while he calculates your principal.
Thank you for reading this, and finally, I wish you good morning ☀ good afternoon 🥰 good night 💤
