A trader just lost nearly $200,000 in a single $OPN trading order—the money included savings that the family had accumulated over 10 years.
So painful, brothers, but when eating, did you ever think where the money would come from? While the exchange itself doesn’t lose and even collects fees?
The money just moves from one person’s pocket into another’s. The exchange only stands in the middle, “bearing” the transaction fee.
Currently, the Long 3x Cross position is down -199,397 USDT, equivalent to ROI -250.733%. If it gets liquidated, the total loss could exceed $250,000.
This person entered the trade at $0.3124, while the current price is now only around $0.0639. From the peak, $OPN has dropped by more than 80%.
Even though there were many early warnings that the $0.3 zone was a risky “fake breakout,” many people ignored the warning and paid dearly.
It’s not only futures traders—spot investors have also seen their assets evaporate by about 80%.
But on the other side, is there someone out there who is SHORT $OPN and is up by $200,000?
So painful, brothers, but when eating, did you ever think where the money would come from? While the exchange itself doesn’t lose and even collects fees?
The money just moves from one person’s pocket into another’s. The exchange only stands in the middle, “bearing” the transaction fee.
Currently, the Long 3x Cross position is down -199,397 USDT, equivalent to ROI -250.733%. If it gets liquidated, the total loss could exceed $250,000.
This person entered the trade at $0.3124, while the current price is now only around $0.0639. From the peak, $OPN has dropped by more than 80%.
Even though there were many early warnings that the $0.3 zone was a risky “fake breakout,” many people ignored the warning and paid dearly.
It’s not only futures traders—spot investors have also seen their assets evaporate by about 80%.
But on the other side, is there someone out there who is SHORT $OPN and is up by $200,000?