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Don't remind me again today

The market continues to experience a big dump, and Machi (known in the circle as Huang Licheng) is making quite a bold move.



On-chain data shows that he opened a 25x leveraged long position on Ethereum, only to be repeatedly educated by the market—resulting in multiple forced liquidations. Currently, the paper loss has exceeded 19.35 million dollars, and this number is still fluctuating.

That's how high leverage works: it's exhilarating when prices rise, but it evaporates instantly when they fall. The recent fall of ETH has been merciless, even veteran players can't withstand it. Friends trading contracts, after seeing this case, are you still not lowering your leverage?
ETH3.09%
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ApeWithAPlanvip
· 15h ago
25x leverage? This guy is really playing with fire, 19.35 million dollars just disappeared like that --- To be honest, no matter how amazing the old players are, they have to bow their heads in front of the market --- That's why I never touch leverage, isn't it better to earn money while staying alive? --- Poor guy, I guess he was stunned the moment he evaporated --- Looks like I need to learn a lesson from this guy, leverage is really a double-edged sword --- 19.35 million... I might never earn that much money in my life, and he just lost it like that --- 25x go long ETH, this trade is indeed a bit harsh --- Seen liquidation again, contracts are really not for retail investors --- Every day I hear people talking about buying the dip, but it turns out there's still a bottom below the bottom --- Now you know what being educated by the market means, right?
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FunGibleTomvip
· 15h ago
25x leverage? Isn't this gambling? The market could vanish in a wave.
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GasFeeVictimvip
· 15h ago
25x leverage? This guy is really something, just going in to hand out money. 19.35 million gone, the market is just that cold-blooded. You really can't touch contracts too high; after seeing this bloodbath, who would dare to go for 25x? Old players have fallen; we newbies might as well play it safe with Spot. Liquidation once or twice, this guy probably got completely wrecked. High leverage makes money faster than it loses; this time, the tuition fee hurts a bit.
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liquidation_watchervip
· 15h ago
25x leverage, is this not gambling? Losing nearly 20 million and still having to jump in, it hurts just to think about it. Huang Licheng's move has really taught all contract players a lesson; no one can win consistently. Leverage is exhilarating, but dying quickly is not worth it. Old players have all fallen; do newbies still dare to touch 25x? I can't understand this courage. That's why I'm sticking to Spot; contracts are just a game of playing people for suckers. Isn't one or two liquidations enough? Why keep going in succession? Greed kills. Wake up everyone, there is no free lunch in this world; leverage is the devil. Contracts are really toxic; watching others lose 20 million makes my hands cold. The numbers are still jumping, and I feel nervous for him, how can one stand it?
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RealYieldWizardvip
· 15h ago
25x leverage? This guy is really daring, no wonder the unrealized losses broke ten million. --- Ugh, another story of getting liquidated in contracts, when will we ever learn? --- Isn't market education tough enough? Must we go for 25x? --- That's why I only use 3x, guaranteed sleep quality. --- 19.35 million dollars just disappeared like that, it hurts a bit. --- 25x? Bro, this is gambler-level operation, right? --- Every time I see news like this, I want to ask, who took the money from the leverage pool? --- Even the old folks can't withstand it, what am I, a newbie, even thinking? --- Machi's this move is really a textbook example of a negative case. --- High leverage is a moment of pleasure, getting liquidated is a funeral, no mistake about it.
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