🚨 Dramatic ending.. Complete liquidation of the oil whale with a loss of one million dollars! 📉🐳
After insisting on strengthening long positions despite falling prices, the whale with wallet 0xc278 faced the worst end today by experiencing a complete liquidation.
Details of the strike:
The position that was liquidated: 211,335 contracts of Brent oil (xyz:BRENTOIL).
The total value of the position: amounted to 21.37 million dollars.
The net loss: estimated at about 1,000,000 dollars.
The lesson learned: 💡
Continuing to "cool down" or strengthen losing positions in a downward market can lead to the total loss of capital when hitting liquidation levels, no matter how strong the wallet is.
#Oil #Brent #Liquidation #Trading #WhaleAlert #نفط #تداول #أسواق_المال #خسارة
After insisting on strengthening long positions despite falling prices, the whale with wallet 0xc278 faced the worst end today by experiencing a complete liquidation.
Details of the strike:
The position that was liquidated: 211,335 contracts of Brent oil (xyz:BRENTOIL).
The total value of the position: amounted to 21.37 million dollars.
The net loss: estimated at about 1,000,000 dollars.
The lesson learned: 💡
Continuing to "cool down" or strengthen losing positions in a downward market can lead to the total loss of capital when hitting liquidation levels, no matter how strong the wallet is.
#Oil #Brent #Liquidation #Trading #WhaleAlert #نفط #تداول #أسواق_المال #خسارة