In early December, a tough guy gave us a lesson on risk control.
When ZEC fell below 370 dollars, a large holder saw their 10x leveraged long position about to be liquidated and directly dumped 1.5 million U on Hyperliquid to save the situation. This move was decisive, but the cost was heavy – they were already facing an unrealized loss of 4.28 million dollars, and accounting for previous losses, this guy accumulated a total loss of 6.6 million dollars.
Daily life of high-leverage players: either getting rich or desperately hanging on the edge of liquidation. This wave of market for ZEC really didn't give the bulls any face; even whales have to cough up real money to add margin. The market does not believe in tears, only recognizes whether the collateral is strong enough.
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ChainWatcher
· 12-01 06:08
Using 10x leverage to invest 1.5 million to save the situation, this guy is really ruthless... but in the end, he still lost 6.6 million. What happened to the promised risk control?
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DecentralizeMe
· 12-01 06:07
This guy is really using money to learn a lesson. Spending 1.5 million U to prolong life resulted in unrealized losses of 4.28 million. This deal doesn't make sense.
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bridgeOops
· 12-01 06:07
15 million U saved the situation but still lost 6.6 million, this is what you call getting worse while trying to save it.
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Degen4Breakfast
· 12-01 06:01
1.5 million USDT to survive or unrealized losses of 4.28 million, this is what you call "adding fuel to the fire"... Even Whales have to lower their heads for leverage, we might as well just watch the market honestly.
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ser_ngmi
· 12-01 05:44
Indeed, this guy is a living textbook. A bet of 1.5 million U turned into a lesson worth 6.6 million, worth it. This round with ZEC has made even the whales concede. High-leverage players have turned a probability problem into a chicken dinner.
ZEC long positions are about to get liquidated, Large Investors urgently dumped 1.5 million U to sustain.
In early December, a tough guy gave us a lesson on risk control.
When ZEC fell below 370 dollars, a large holder saw their 10x leveraged long position about to be liquidated and directly dumped 1.5 million U on Hyperliquid to save the situation. This move was decisive, but the cost was heavy – they were already facing an unrealized loss of 4.28 million dollars, and accounting for previous losses, this guy accumulated a total loss of 6.6 million dollars.
Daily life of high-leverage players: either getting rich or desperately hanging on the edge of liquidation. This wave of market for ZEC really didn't give the bulls any face; even whales have to cough up real money to add margin. The market does not believe in tears, only recognizes whether the collateral is strong enough.