Everyone must have heard of Brother Majie, right? In June, he earned 6.5 million USD by operating HYPE positions. By July, his total long position soared to 126 million USD, making him a top whale on the platform. On September 19, it reached its peak, with floating profits nearing 45 million USD. Adding the principal, the total account balance approached 60 million USD, equivalent to over 400 million RMB, a definite life winner.
However, high leverage is like a bomb strapped to your body; once the market turns, it’s a disaster. On October 11, cryptocurrency assets plummeted, and the market continued to dive. Huang Licheng not only did not cut losses but also entered a deadly cycle of "anti-position + adding margin." His positions were forcefully liquidated time and again, and not only did he lose all his previous profits, but his 15 million USD principal also dwindled.
Like a gambler losing all reason, the more he lost, the more he added to his positions; the more he added, the more he lost. On November 3, his 25x ETH long position was completely liquidated, losing 15 million USD. On the 4th, only 16.7 thousand USD remained in the account, but he wasn't discouraged and used this money to open a 25x leveraged long position of 100 units of $ETH {future}(ETHUSDT) ETH, resulting in another liquidation 24 hours later, with the account balance reduced to only 1718 USD. From nearly 60 million USD to 1718 USD, it only took 47 days! However, Brother Majie has a good mindset. After losing everything, he enjoyed a leisurely swim and joked about himself, hoping everyone avoids liquidation.
Subverting your understanding of bull and bear markets 1. The bull is still here, and the big bull has not even started yet; the current market is more akin to the PLUS version of the small bull of 19 years, with a similar monetary policy background, all driven by BTC, and BTC.D continues to rise. 2. A bull market does not mean prices will always go up; during the last bull market, BTC experienced three significant drops in value: in 19 years, March 20, and May 19, 21 years; currently, BTC's maximum drop is only 32%. 3. The four-year bull-bear cycle has been broken; it could be five or six years, with the root cause being the extended monetary policy cycle.
Brother Frog is a bit handsome And how can he keep replenishing...
青蛙先生
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Bearish
$ETH Everyone wants to see me go bankrupt. This time I increased it to ten thousand bankruptcy price. If the stock market has the ability, come to explode.
On the way to Singapore, it is highly likely that there won't be a normal live broadcast tonight, but what needed to be cleared out has already been cleared, and I think it should have leveled off at a high position.
Next, let the data speak; I really hope my decisions are all correct. The trend should be pulling back down; if it continues to rise, I will choose to short at a high position.
I just want to eat until 4150, but I couldn't even get past 4080 😂
K图先生
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Bullish
$ETH
Damn it, can Ethereum really stay flat for an entire night? I wondered why no one woke me up; it's so hard to catch a short move of one hundred and eighty points. The highest was only fifty or sixty points.
I heard Trump is going to impose tariffs on October 1st. Let's quickly push it up to 4200, then a big drop would be great, achieving a situation of both long and short killing each other.
Does Brother Frog still have bullets? That's awesome!
青蛙王子S
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Bearish
To be honest, looking at this K-line, I am indeed a bit anxious! But I have to pretend to be calm and fight to the end with the dog stock! The capital's bullets are a bit insufficient, and if there is another bad news, it will definitely drop to 3500…$ETH #美国加征新关税
Waking up from a deep sleep, it's still Ethereum that's impressive, how it delights me! I'll catch another nap, brothers, if it drops to 4000, wake me up.
Got tricked, today that short position was closed Came up to continue shorting, didn’t expect it to go up this much😂
K图先生
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Bearish
$ETH
Which company is strong in painting door technology? It has to be my second brother in the cryptocurrency circle. After breaking the previous low, a batch of long positions exploded, attracting a batch of short sellers. Now it has risen again to hit the short stop-loss position.
The dealer's tricks are very deep. I estimate that this wave of rising will have to break 4225 before it is willing to come down. I hope it can rise a bit more to give me the opportunity to add to my short positions.
Only the big fluctuation yesterday was captured The other short positions were all stopped out 😂
K图先生
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$ETH
Damn it, I woke up still in the same position. I'm not watching it anymore with the stop-loss intact. 4500 is my stop-loss price, please keep an eye on it for me and let me know when it gets there.
$ETH Rapid decline, just to clear high leverage, hitting your stop loss, as shown in the chart, the bottom is obviously raised. If there are still people suggesting you short at this time, I advise you to block them directly, it’s clear they don’t want you to make money. I have blocked at least two hundred people, and the square is much quieter.
Wow, family! We must congratulate on #TRB , it's like installing a powerful engine, and it took off directly! 🛫 At 2 AM today, we decisively entered at the price of 30.5. Hey, look at this market, it just peaked at 32.9, successfully hitting target 2, with profits exceeding 570%! Still sticking to the old habit, let's set BE right away to firmly hold onto the profits we have. Keep a close eye on $TRB , who knows there might be even bigger surprises waiting for us! {future}(TRBUSDT)