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Stubborn whale stubbornly shorting! The more losses, the more they add to their position—purely toughing it out.
I'm truly speechless about this whale's operation; clearly, they were already trapped in a counter-trend short, yet they stubbornly kept adding to their position to fight back.
Heavily betting on index shorts, with a total position value of up to $37.7 million, currently showing a steady unrealized loss of over $2.22 million, with a liquidation price still stuck at 8104.94, risking being taken out by a market reversal at any time.
Despite the market trend not cooperating at all, losses keep expanding, and instead of admitting mistakes and cutting losses, they stubbornly hold on and keep adding, purely gambling against the market.
In contrast, many ordinary traders blindly follow big players, thinking that whale's layout must be guaranteed profit, but in reality, some are just blindly betting on the direction and stubbornly refusing to admit defeat.
Without a logical trend-following approach, relying solely on obsession to tough it out, they will only be gradually worn down by the market and end up being forced out. #Gate广场五月交易分享 #美国4月PPI同比暴涨6% #Polymarket每日热点 $SYS $SAGA