$DOS just had one of the most violent pumps and dumps I've seen in weeks.
Yesterday: Pumped to $0.8542
30 minutes later: Crashed to $0.1456
That's an 83% wipeout in half an hour.
$8.96M liquidated in 24h
$6.40M longs got absolutely destroyed
$2.56M shorts also caught the knife
This is what peak degen season looks like. One minute you're up 5x, next minute you're staring at a -80% bag.
If you got caught in this, you're not alone. But this is exactly why you set stops and don't ape into parabolic moves with your whole stack.
Anyone here survive this carnage or did the market take your lunch money?
Yesterday: Pumped to $0.8542
30 minutes later: Crashed to $0.1456
That's an 83% wipeout in half an hour.
$8.96M liquidated in 24h
$6.40M longs got absolutely destroyed
$2.56M shorts also caught the knife
This is what peak degen season looks like. One minute you're up 5x, next minute you're staring at a -80% bag.
If you got caught in this, you're not alone. But this is exactly why you set stops and don't ape into parabolic moves with your whole stack.
Anyone here survive this carnage or did the market take your lunch money?