Can the big shot not hold on anymore?! Overnight loss of 20.62 million, this class is too expensive!
This morning, as soon as I opened my eyes, the blockchain was blood red. Brother Ma Jie's ETH long position was liquidated. From October until now, over 20 million dollars, wiped out in one go. 😱
What does it feel like? Just two words: awake.
The market specializes in treating all kinds of disobedience, whether you are a big shot or a novice, full leverage is an invisible bomb. On-chain data is clear, a big position blowing up is just like an avalanche. This is not a misjudgment, it's a naked risk management lesson - tuition of 20 million dollars.
Even the toughest bulls have been blown up, does that mean the emotional freezing point? In historical scripts, such moments of despair often brew turning points. But don't get me wrong, bottoming out may be long and painful, it absolutely doesn’t mean you should go all in on a meme coin right now.
Do you understand? Other people's blood and tears are your wrong answer book:
1. Leverage is a knife, it can cut vegetables but also cut hands. Don't be greedy, surviving allows you to see the bull market.
2. Don't just look at prices, pay attention to whether the on-chain whales are accumulating or fleeing, and where the liquidation heat map is. Information is ammunition.
3. The more silent the market, the more you need to control your hands. Accumulate coins in a bear market, count money in a bull market, old sayings are always right.
Now the whole world is shouting "Elon Musk concept," "which is the next ten-thousand-fold Meme?" Is it PU🔥P PI🔥ES? Keep your eyes peeled! Just after the liquidation news, they tell you "guaranteed profits," does that feel right? It's fine to watch the excitement, but don't forget the lesson that the big shots just learned.
It's time: will you choose to panic sell, or calmly pick up future chips amidst others' fear?
Join 币安聊天室 to chat, what percentage of your position are you at now? How are you planning to layout? $ETH
