A $48.2 million ETH long got wiped out a few hours ago—gone without a sound.
I heard $1.16 billion was liquidated across the market in 24 hours, $1.04 billion of it longs. The big players are lining up on the rooftop.
I checked my account: over $200 in unrealized losses. I bought XRP at $1.09 and have held it for over a month. Today, I actually feel a bit superior.
The change from a single liquidation would cover my losses for several lifetimes. I’m such a retail sucker, I haven’t even reached the liquidation threshold.
And yet people keep telling me to use leverage.
$ETH
I heard $1.16 billion was liquidated across the market in 24 hours, $1.04 billion of it longs. The big players are lining up on the rooftop.
I checked my account: over $200 in unrealized losses. I bought XRP at $1.09 and have held it for over a month. Today, I actually feel a bit superior.
The change from a single liquidation would cover my losses for several lifetimes. I’m such a retail sucker, I haven’t even reached the liquidation threshold.
And yet people keep telling me to use leverage.
$ETH
