Down $38.2 million and still adding to his position—this rolling-trades guy is seriously fearless 😂
One address has been trading since last June and has now lost around $38.2 million in cumulative losses on contracts, getting liquidated who knows how many times along the way. Just now, he added another 450,000 U in margin and opened a Bitcoin short worth around $9.35 million, with an entry price of 77,429 and liquidation at 81,464—leaving only about a 5% buffer.
Earlier, he was also holding a 40x short worth nearly $7.19 million, with the liquidation price almost right on top of the current price. Adding margin only nudged the liquidation level up a little, while his position got bigger too. After losing this much, he still won’t stop. Just watching him makes my palms sweat for him.
Beginners should watch more and trade less. If you buy crypto, stick to $BTC
One address has been trading since last June and has now lost around $38.2 million in cumulative losses on contracts, getting liquidated who knows how many times along the way. Just now, he added another 450,000 U in margin and opened a Bitcoin short worth around $9.35 million, with an entry price of 77,429 and liquidation at 81,464—leaving only about a 5% buffer.
Earlier, he was also holding a 40x short worth nearly $7.19 million, with the liquidation price almost right on top of the current price. Adding margin only nudged the liquidation level up a little, while his position got bigger too. After losing this much, he still won’t stop. Just watching him makes my palms sweat for him.
Beginners should watch more and trade less. If you buy crypto, stick to $BTC
