𝗧𝗿𝗮𝗱𝗲𝗿 𝗟𝗼𝘀𝗲𝘀 $𝟮𝗠 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 $MON 𝗧𝗼𝗸𝗲𝗻 𝗮𝘀 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗦𝗼𝗮𝗿𝘀
A crypto trader has suffered nearly $2 million in realized losses after taking heavy long positions on Monad’s newly launched MON token — one of the most volatile token debuts of the week.
𝗪𝗵𝗮𝘁 𝗪𝗲𝗻𝘁 𝗪𝗿𝗼𝗻𝗴
• Trader opened aggressive longs near $0.034, right before a sharp reversal.
• MON first pumped nearly +99%, then crashed rapidly, causing a cascade of liquidations.
• One single liquidation erased $963K, with multiple others ranging from tens of thousands to over $300K.
𝗪𝗵𝘆 𝗠𝗢𝗡 𝗪𝗮𝘀 𝗦𝗼 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗲
• MON launched with only 10.8% of its 100B supply unlocked, creating a low-float, high-volatility environment.
• Massive demand from Coinbase’s launch sale: 86,000 buyers, $269M committed, oversubscribed by 1.43×.
• Early on-chain activity + low circulating supply fueled a fast pump → fast dump structure.
𝗗𝗼𝘂𝗯𝘁𝘀 𝗙𝗿𝗼𝗺 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗩𝗲𝘁𝘀
• BitMEX co-founder Arthur Hayes says most new L1s will fade.
• He described MON as a high-valuation, low-float token vulnerable to steep declines once hype cools.
𝗠𝗮𝗿𝗸𝗲𝘁 𝗟𝗲𝘀𝘀𝗼𝗻
High volatility + low float tokens can generate massive upside — but also instant, irreversible losses for over-leveraged traders.
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