Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

A tough guy played leverage through a revolving loan and went long on 1320 WBTC - equivalent to 132 million USD. As a result, the market dumped today, and his position almost got liquidated.



With the liquidation line in sight, this guy took urgent action two hours ago: he dumped 465.4 WBTC and 2686 ETH, quickly exchanging them for 56.52 million USDT to repay his debts. The average selling price for WBTC was 102,700 USD, and he cut the ETH at 3,244 USD.

The survival instinct of high leverage players is just that real.
ETH-0.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
VitalikFanboy42vip
· 11-05 07:16
The survival instinct is quite strong, and the retail investors just closed all positions and did a Rug Pull.
View OriginalReply0
ServantOfSatoshivip
· 11-05 02:00
Get Liquidated on the edge dancing crazily
View OriginalReply0
DefiEngineerJackvip
· 11-05 01:52
actually insane leverage ratio... but where's the formal risk modeling ser?
Reply0
ForkMongervip
· 11-05 01:43
weak hands get rekt, protocol darwinism at its finest
Reply0
0xLuckboxvip
· 11-05 01:35
Wow, what a big fate!
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)