He went all-in on $MON , loading up a monster long position — 244.38 million #MON, valued at around $6.5 million. The kind of trade you place when you’re convinced nothing can go wrong.

But markets don’t care about conviction.
Some traders climb the ladder fast. Others skip the rungs and try to jump straight to the top. That’s exactly what happened with one high-roller: the wallet behind 0xccb56f9cba0138bb9cb8f6a6ad290a6ea9879b46.
But markets don’t care about conviction.

As #MON began to nosedive, liquidation engines woke up. First a warning… then a margin squeeze… and finally the fatal blow. The entire position was liquidated, wiping out over $1.9 million in losses in one brutal swing.

His account now sits at absolute zero --- every dollar evaporated, every chip removed from the table.

A few hours ago, he was a heavyweight. Now, on-chain, he’s a ghost.

LESSON LEARNED : Leverage builds legends --- but when it turns, it doesn’t take prisoners.

MON37.49%

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