Just looking at this brutal trading story shows how terrifying liquidity risk can be. Someone on the trading platform TROVE dumped $374,000, originally planning to only use 1% of the trading volume, but what happened? The other party directly absorbed $9 million in liquidity, and this guy's position ended up with only $20,000. In other words, dropping from $374,000 to $20,000, the funds evaporated by 90%. This is not an isolated case. Insufficient depth, slippage runaway, unilateral volatility—on certain small-cap coins or low-liquidity trading pairs, these risks can explode at any time. The key is, no matter how perfect your prediction, it can't save you because market depth itself is a trap. To survive in the crypto market, choosing platforms and coins with sufficient trading depth is a must, not just a suggestion.

View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FrogInTheWellvip
· 20h ago
90% evaporation? That's the price of playing with small coins; there's no depth at all. I've been saying for a long time that choosing platforms with poor liquidity is like gambling with your life. This guy really hasn't suffered any losses. Don't touch platforms like TROVE; slippage can directly send you in. Liquidity issues in small coins can be more deadly than the market itself. Remember that. Having predictions alone is useless; if the platform isn't good, everything is pointless. That's why you need to choose top-tier exchanges. Safety first, everyone.
View OriginalReply0
LidoStakeAddictvip
· 01-20 05:55
37.4K directly evaporated to 20K, this is true impermanence. TROVE, do you want to kill people? --- Slippage out of control is more disgusting than a rug pull. No matter how accurate the prediction is, it's useless. --- Alright, alright, small coins are just traps. I only deal with those with depth now. --- 90% gone instantly? How did this guy survive? I need to learn his mindset. --- Why are there still people daring to trade in low-liquidity pairs? Do they really want to be harvested?
View OriginalReply0
PhantomHuntervip
· 01-20 05:55
374,000 directly evaporates to 20,000, which is why I never touch tokens with poor liquidity. No matter how tempting the returns are, it's useless.
View OriginalReply0
BlockchainWorkervip
· 01-20 05:46
374,000 to 20,000... Bro, this wave of losses is ridiculously huge. Liquidity really is an invisible scythe.
View OriginalReply0
OnChainDetectivevip
· 01-20 05:34
374,000 directly evaporates to 20,000? I need to trace the on-chain path of that transfer; there must be a big whale manipulating the market behind the scenes.
View OriginalReply0
DefiEngineerJackvip
· 01-20 05:27
well, *actually* if you ran a basic liquidity depth analysis before throwing $374k at some low-cap shitcoin, this wouldn't even be a tragedy lmm... the real issue here is empirically people don't understand order book microstructure. fundamentally speaking, that 90% wipeout was just nash equilibrium doing its job
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)