On-chain data monitoring agencies recently detected an interesting market trend. In the early hours of January 6th, an address holder hurriedly closed their positions, including a short position of 2,901.83 AAVE and a short position of 440,308,509 kPEPE. This operation ultimately resulted in a total loss of $24,000.
From the data, this stop-loss trade involved two popular tokens. AAVE, as a leading lending protocol, has always been a key target for derivatives trading. While kPEPE is a relatively new token, it has attracted considerable investor attention due to its unique community effects. The simultaneous stop-loss of both positions reflects a significant deviation in this trader’s short-term market outlook.
Cases like this are not uncommon in the market. When prices fluctuate beyond expectations, many traders choose to cut losses promptly to control risk. Although this time the outcome was a loss, from a risk management perspective, timely closing decisions are often much wiser than holding onto positions stubbornly.
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airdrop_whisperer
· 01-08 07:03
24,000 dollars just gone like that. How clueless must this guy be about the market?
Short and long positions both explode; serves him right.
Timely stop-loss is correct, but the problem is the wildly wrong direction judgment. No matter how fast, it can't be saved.
You still dare to short meme coins like kPEPE? Haven't you seen the power of the community?
AAVE short position losses are reasonable, but seeing such a large stop-loss makes it hard to watch.
But to be fair, timely stop-loss is indeed better than holding on to it until the end. This guy finally has some sense.
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OldLeekMaster
· 01-08 00:47
240,000 gone, this guy really dares to do it
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Short position crashes, serves him right. If you can't judge accurately, don't mess around blindly
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AAVE and kPEPE explode together, how poor is your judgment
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What sounds good is stop loss, but in reality, it's just being slapped in the face
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Timely stop loss? I think it's just admitting defeat in time
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Two short positions exploding at the same time, this brother needs to remember this lesson next time
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Being wise about stop loss is all post-hoc analysis; losses are still losses
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In terms of position management, you really need to learn, or you'll be throwing money away
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Daring to short coins like kPEPE, your courage is truly remarkable
View OriginalReply0
MEVictim
· 01-06 11:53
Haha, this guy really treats money like paper and burns it, losing $24,000 in one trade.
Getting wiped out by both AAVE and kPEPE, what a ridiculous judgment.
Once again, a bad example of poor fund management, but the courage to cut losses in time is still worth learning from.
This is the daily routine of on-chain trading; today's "leek" is tomorrow's "lesson learned."
Honestly, I don't even look at coins like kPEPE, it's all just community hype.
2,901 AAVE short positions? This guy is really bearish on the future market, and it ended up like this.
Every time I see this kind of data, I wonder how confident one must be to hold these two positions at the same time...
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RugpullSurvivor
· 01-06 11:53
Haha, this guy really lost so much that his posture changed, 24,000 USD just disappeared like that.
Short position was reversed and wiped out, this is reality, friends.
Another story of "My analysis can't be wrong," but in the end, the market reality taught a lesson.
At least know how to cut losses, otherwise it's just despair to lose everything.
kPEPE that thing... social influence is a joke, it's all a game of catching the bag.
View OriginalReply0
FloorPriceNightmare
· 01-06 11:29
Oh no, $24,000 just disappeared like that. This guy's judgment is a bit off.
The short position simultaneously blew up two different coins. How bearish are they... and then they got slapped in the face right after.
To be honest, setting a stop loss was the right move, but with this amount of loss... how long will it take to recover?
On-chain data monitoring agencies recently detected an interesting market trend. In the early hours of January 6th, an address holder hurriedly closed their positions, including a short position of 2,901.83 AAVE and a short position of 440,308,509 kPEPE. This operation ultimately resulted in a total loss of $24,000.
From the data, this stop-loss trade involved two popular tokens. AAVE, as a leading lending protocol, has always been a key target for derivatives trading. While kPEPE is a relatively new token, it has attracted considerable investor attention due to its unique community effects. The simultaneous stop-loss of both positions reflects a significant deviation in this trader’s short-term market outlook.
Cases like this are not uncommon in the market. When prices fluctuate beyond expectations, many traders choose to cut losses promptly to control risk. Although this time the outcome was a loss, from a risk management perspective, timely closing decisions are often much wiser than holding onto positions stubbornly.