A tough player leveraged through a revolving credit to go long on 1,320 WBTC( worth $132 million), and today’s decline nearly pushed him to the liquidation line.
Seeing the liquidation imminent, this guy quickly cut his losses two hours ago—selling 465.4 WBTC and 2,686 ETH, cashing out $56.52 million to pay off debts and save his position.
The average selling price for WBTC was $102,722, and ETH was traded at $3,244. The on-chain data shows that high-leverage traders are in a risky moment, and the numbers don’t lie.
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AirdropATM
· 11-08 02:53
The dump price is okay, let's make a small profit and leave.
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GateUser-e51e87c7
· 11-07 22:39
Grandma, how to play so big?
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MEVictim
· 11-07 12:21
Did you lose your life from being scared?
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wrekt_but_learning
· 11-05 05:48
Don't understand it but still playing with leverage.
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TestnetNomad
· 11-05 05:43
Retail investors, oh retail investors, still playing with high leverage.
A tough player leveraged through a revolving credit to go long on 1,320 WBTC( worth $132 million), and today’s decline nearly pushed him to the liquidation line.
Seeing the liquidation imminent, this guy quickly cut his losses two hours ago—selling 465.4 WBTC and 2,686 ETH, cashing out $56.52 million to pay off debts and save his position.
The average selling price for WBTC was $102,722, and ETH was traded at $3,244. The on-chain data shows that high-leverage traders are in a risky moment, and the numbers don’t lie.