#加密市场回调 When you complain about account drawdowns, you might want to take a look at this legendary player's textbook-level crash scene - he took five months to interpret the phrase "go long" to the extreme.

The story spiraled out of control starting in August last year. On August 3rd, the long position of PUMP directly evaporated 7.76 million dollars, with the spot also losing 2.18 million. Even more exaggerated, the total profit of the account plummeted from 26 million to 3.8 million, a single-day drawdown of 85%—this operation can be described as performance art.

On October 11, two months later, the ETH go long became the fuse. With 25x leverage ready to go, it flipped from a floating profit of 44.5 million dollars to a loss of 10.6 million in principal within 22 days. Among them, the XPL go long was the most outrageous, opening at 1.4 dollars and directly losing 18 million; the ETH position was not much better, with a high leverage resulting in a loss of 12.56 million.

October 23rd was devastating—after the ETH long position completely liquidated, he lost 1.57 million, and he immediately reopened a 25x leverage position to continue gambling, a typical case of emotional revenge trading. By November 24th, the position had shrunk to a "ant position" of 1 ETH, worth 2840 dollars. The account's total loss stood at 18.56 million dollars, with 6.8 million evaporated in just the last month.

This case accurately illustrates what is meant by "leverage is a double-edged sword". $BTC The market never believes in faith recharge; risk control is always the first survival rule.