$ETH Giant Whales Collective Liquidation of 200 Million USD! This is not a loss, it is clearly a “Versailles Trap”！
In the past few days, several giant whales in the crypto market have consecutively liquidated, with total losses exceeding 200 million USD. Rather than being news, this event serves as a lesson the market has taught us.
It confirms a simple truth: In the face of extreme volatility, regardless of the scale of funds, human weaknesses—such as luck, greed, and overconfidence—are equally magnified and punished. The so-called “hundred-fold myth” and “ever-victorious whales” narrative seems particularly fragile at this moment.
For us ordinary investors, this event has several very practical reminders:
First, do not mythologize anyone.
The operations of giant whales have their specific scale of funds and risk logic, and blindly following often means enduring risks you cannot anticipate.
Second, risk control is the only talisman.
Even players with top resources can fail due to leverage, so we should respect the market. Strictly controlling positions and adhering to stop-loss is the foundation for long-term survival.
Third, find your own rhythm.
Giant whales are betting on short-term volatility and liquidity, while the advantage for ordinary people often lies in time and patience. Using dollar-cost averaging to cope with fluctuations and trends to counter noise may be a more prudent choice.
Every market fluctuation eliminates players of old models while making space for those who adhere to new rules. This 200 million USD tuition fee is actually paid for everyone.
Will you choose to continue chasing short-term myths, or will you start building your own long-term survival system? The answer lies not in the market, but in each of your choices. @bit萧
