The account balance has been reduced to only over a hundred thousand USD, and in the early hours, a certain Whale took action again—directly depositing 250,000 USDC.
The familiar routine is back: recharge completed, immediately increase the position in ETH long. The total value of the current position is 7.54 million USD, with an opening average price of 2840 USD, and the liquidation line is set at 2698 USD.
Since October 11th, the market has changed drastically. After that, it has basically been a downward trend, but this old guy is determined to go long. What happened? He kept increasing his position and getting trapped, and now he has already lost 21.1 million USD of his principal. This operation is really heart-wrenching to watch.
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GasFeeLady
· 12-05 04:21
ngl this guy's really averaging down into the abyss... watching that 2698 liquidation line like it's a gas oracle that never lies lmfao
Reply0
PrivacyMaximalist
· 12-03 15:42
This guy really treats going all-in as a belief...
View OriginalReply0
BrokenDAO
· 12-02 04:58
I've seen this trap many times. Once the incentive mechanism is distorted, it becomes like this — problems that can be solved by throwing money become the only way out in his eyes.
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RamenDeFiSurvivor
· 12-02 04:58
Sigh, he’s starting to increase the position aggressively again. This guy really won’t turn back until he hits the wall.
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MidnightSeller
· 12-02 04:58
Damn, this guy is really pushing his luck and starving his heart; 21.1 million is gone and he's still hanging on...
View OriginalReply0
MEVHunter
· 12-02 04:32
ngl this whale's just speedrunning into liquidation at this point... $21M underwater and still averaging down? that's not conviction, that's just terminal cope lmao
The account balance has been reduced to only over a hundred thousand USD, and in the early hours, a certain Whale took action again—directly depositing 250,000 USDC.
The familiar routine is back: recharge completed, immediately increase the position in ETH long. The total value of the current position is 7.54 million USD, with an opening average price of 2840 USD, and the liquidation line is set at 2698 USD.
Since October 11th, the market has changed drastically. After that, it has basically been a downward trend, but this old guy is determined to go long. What happened? He kept increasing his position and getting trapped, and now he has already lost 21.1 million USD of his principal. This operation is really heart-wrenching to watch.