When the market fluctuates, even the largest accounts have to bow their heads. Recently, a seasoned trader suffered a big loss on 25x leverage — first adding $250,000 US to increase his position by 800 ETH, but in less than an hour, his approximately 2,500 ETH long position was ruthlessly liquidated around $3009. Now, only about 2,300 ETH remain in the account (worth roughly $6.96 million), with the liquidation line just around the corner.

What exactly happened? In simple terms, BTC recently broke below the 88,000 mark, causing the entire market to decline. This big account has topped up its position several times this month, but still couldn't withstand this wave of volatility. You see, this is a true portrayal of high leverage — it looks stable like a rock most of the time, but once the market drops sharply, you can lose everything in minutes.

This incident has taught everyone a lesson. Even experienced big traders have to admit defeat in extreme market conditions. Ordinary retail traders must be even more cautious; trading contracts is not gambling but a real risk game. No status or identity can make you immune to market fluctuations — everyone is the same.

To survive longer in this market, managing position size and risk control are essential. High leverage is like walking on a tightrope — a misstep can wipe you out completely. Acting within your means is key; preserving your capital is the only way to endure until the next bull market cycle.