๐จ Warning: ETH "whale" just got wiped out for tens of millions!
The market's been shaky, causing many traders to feel the pain, especially in the case of Huang Li Cheng (alias Ma Ji) with an unexpected crash.
Details of the damage:
๐ Position: Long ETH x25
๐ Amount: 1,100 ETH
๐ Total accumulated loss: Over 35 million USD
What's noteworthy is that even after being liquidated for a massive amount, this "big player" hasn't thrown in the towel and continues to open a new Long ETH position valued at around 670,000 USD.
Looking ahead, this move indicates a huge divergence in market sentiment. While the majority are scared, some whales see these dips as a chance to "buy the dip" and are betting on a strong recovery for ETH. However, using high leverage during volatility is a double-edged sword that anyone should tread carefully with.
What do you think about Ma Ji's "stubborn" strategy? Will ETH recover soon or is there a deeper crash coming?
Share your thoughts and follow me here for the latest updates:...
The market's been shaky, causing many traders to feel the pain, especially in the case of Huang Li Cheng (alias Ma Ji) with an unexpected crash.
Details of the damage:
๐ Position: Long ETH x25
๐ Amount: 1,100 ETH
๐ Total accumulated loss: Over 35 million USD
What's noteworthy is that even after being liquidated for a massive amount, this "big player" hasn't thrown in the towel and continues to open a new Long ETH position valued at around 670,000 USD.
Looking ahead, this move indicates a huge divergence in market sentiment. While the majority are scared, some whales see these dips as a chance to "buy the dip" and are betting on a strong recovery for ETH. However, using high leverage during volatility is a double-edged sword that anyone should tread carefully with.
What do you think about Ma Ji's "stubborn" strategy? Will ETH recover soon or is there a deeper crash coming?
Share your thoughts and follow me here for the latest updates:...