A mere 3% market swing just wiped out over 600 million in liquidations. The numbers say it loud and clear—overleverage is a one-way ticket to getting rekt. When you're playing with extreme leverage, even tiny price movements become existential threats to your position. The crypto market doesn't care about your conviction; it only respects risk management. Keep your leverage reasonable, or the market will keep that lesson humbling.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
ImpermanentLossEnjoyer
· 23h ago
3% is already 600 million. These people are really aggressive with leverage. They deserve to be educated.
View OriginalReply0
MetaverseLandlord
· 01-19 05:09
A 3% fluctuation blows up 600 million? On the other hand, these guys are really aggressive with leverage...
View OriginalReply0
DAOTruant
· 01-19 05:08
3% is just 600 million gone, this wave is indeed a bit fierce. As always, leverage is a double-edged sword, and greedy people pay the tuition the fastest.
View OriginalReply0
ForkInTheRoad
· 01-19 05:06
3% can even explode this many positions? I swear, I see bloodbaths happening in this market every day...
View OriginalReply0
RugpullSurvivor
· 01-19 05:00
A 3% move can liquidate 600 million. These guys are really good at leverage, haha.
View OriginalReply0
GateUser-bd883c58
· 01-19 04:58
3% is all it took to lose 600 million. These leverage guys really know how to play.
View OriginalReply0
StablecoinEnjoyer
· 01-19 04:56
Leverage is really like poison; a 3% move can wipe out 600 million. It's crazy.
A mere 3% market swing just wiped out over 600 million in liquidations. The numbers say it loud and clear—overleverage is a one-way ticket to getting rekt. When you're playing with extreme leverage, even tiny price movements become existential threats to your position. The crypto market doesn't care about your conviction; it only respects risk management. Keep your leverage reasonable, or the market will keep that lesson humbling.