🚨📉 A Brutal Reminder of Risk: $22.8M Wiped Out After Market Crash
The dark side of leverage is back in focus.
According to Odaily, data tracked by Lookonchain shows that a single major trading account has suffered extreme losses since the market crash on October 11.
📊 The damage in numbers:
• 200 liquidations recorded
• Total losses: over $22.88 million
• Current balance: just $53,178 remaining
This wasn’t one bad trade — it was a chain reaction.
🔥 What this tells us:
• Over-leverage can destroy even large accounts
• Volatility punishes poor risk management instantly
• Re-entering after liquidation often compounds losses
• Market crashes expose emotional and mechanical mistakes
Big accounts don’t equal safe accounts. When risk isn’t controlled, capital size offers no protection.
📌 Key takeaway for traders:
Survival matters more than being right.
Proper position sizing, stop-loss discipline, and avoiding revenge trades are what keep you in the game.
The market always gives opportunities — but only if your capital survives.
#CryptoNews #Liquidation #RiskManagement #MarketCrash #TradingLessons
