The carnage is real. Nearly $350 million in long positions got wiped out in just 24 hours—a brutal reminder that leverage cuts both ways. When the market turns, bulls get slaughtered fast. This isn't just numbers on a screen; it's millions vanishing as stop-losses trigger and margin calls cascade. For those who survived, consider it a lesson. For those who didn't? Better luck next time.
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.
18 Likes
Reward
18
7
Repost
Share
Comment
0/400
GateUser-addcaaf7
· 22h ago
Leverage really is a double-edged sword—three 500,000s were gone overnight.
View OriginalReply0
blockBoy
· 22h ago
Will leveraged traders never learn?
View OriginalReply0
DaisyUnicorn
· 22h ago
$3.5 million just gone like that. Leverage really is a double-edged sword... Watching stop-loss orders get triggered one after another feels even more painful than watching the candlestick chart.
View OriginalReply0
OffchainOracle
· 22h ago
Leverage really is a double-edged sword—you can lose everything overnight and go back to square one.
View OriginalReply0
RadioShackKnight
· 22h ago
Leverage really is a double-edged sword—one correction and it's a matter of life or death.
View OriginalReply0
UnluckyLemur
· 22h ago
350 million is gone just like that. Playing with leverage is really playing with fire.
View OriginalReply0
DYORMaster
· 22h ago
Leverage really is a double-edged sword. Losing three to five hundred million in one night... just imagining it hurts.
The carnage is real. Nearly $350 million in long positions got wiped out in just 24 hours—a brutal reminder that leverage cuts both ways. When the market turns, bulls get slaughtered fast. This isn't just numbers on a screen; it's millions vanishing as stop-losses trigger and margin calls cascade. For those who survived, consider it a lesson. For those who didn't? Better luck next time.