Ohhhhh.... Shorted the Dip, Got Wiped Out in Under few minutes..💀
Talk about getting caught on the wrong side of the market, Trader 0x9bb7 spotted $NVDA crashing and decided to jump in with a massive short position worth around $3.68 million, covering 24,696 shares.
But the rebound came almost immediately. NVDA bounced back sharply, leaving the trader with barely any time to react. The result? Liquidation in less than few minutes.
One quick reversal was all it took to wipe out the entire trade. Sometimes in leveraged markets, being right about the direction isn't enough... timing is everything.
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