Degen just got absolutely rekt.
8 consecutive liquidations. 201 $BTC vaporized ($15.6M).
This is what over-leveraged gambling looks like. No risk management, no stops, just pure degen energy until the margin calls came knocking.
The market doesn't care about your conviction when you're 20x long with no hedge. Liquidation cascades are unforgiving.
Stay safe out there. Size your positions like you want to survive the next move.
8 consecutive liquidations. 201 $BTC vaporized ($15.6M).
This is what over-leveraged gambling looks like. No risk management, no stops, just pure degen energy until the margin calls came knocking.
The market doesn't care about your conviction when you're 20x long with no hedge. Liquidation cascades are unforgiving.
Stay safe out there. Size your positions like you want to survive the next move.