On-chain data reveals some shocking trading stories. Some traders were liquidated up to 71 times in just the first 19 days of November, with a peak daily loss of $21.28 million, earning the title of "Liquidation Frequency Champion." This reflects the fragility of high-leverage strategies in volatile markets—no matter how strong your trading intuition is, it can't withstand the amplification effect of contract leverage.
An even more extreme case involves a well-known trader who publicly posted large positions on social media, once holding a $1.25 billion Bitcoin long position, only to lose over $100 million within a week. This show-off style of high-profile operation ultimately became a contrarian market indicator.
Off-chain activities are also not calm. Buyers purchasing so-called "discounted" cold wallets on secondary platforms eventually found their accounts emptied, with losses reaching $50 million. Meanwhile, a social media account of an ecosystem participant was hacked, with the hacker leveraging their influence to cash out $55,000 in a short period, exposing the importance of account security.
These series of events all point to the same lesson: whether it's contract liquidation, social account breaches, or hardware wallet traps, risk management is always the first lesson for survival in trading.
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ZKProofster
· 14h ago
honestly, the leverage thing always gets me... 71 liquidations in 19 days? that's not trading, that's just donating to the exchange
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0xSoulless
· 14h ago
Is the 71st lavage still alive? How tough must this guy be... Losing 21.28 million in a day, how many years would it take me to lose that much?
Daring to post on Moments with over 1.25 billion in open orders, no wonder you're a reverse indicator. This is a living negative example.
Cold wallet with 50 million gone? Damn, buying this stuff on the secondary market is just gambling on luck. You'll lose everything.
Contract leverage is like eating people and leaving no bones. Even the smartest mind can't outplay the math amplifier.
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fren.eth
· 14h ago
71 liquidations? Bro, are you trying to break the record? The graveyard for leveraged traders🪦
Everyone posting on social media should reflect on themselves. What you're doing isn't showing off strength, it's showing your bottom line...
Buying a second-hand cold wallet? 50 million just gone like that. I advise you not to save that little bit of money.
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PhantomHunter
· 14h ago
71 liquidation events? Are you guys playing Russian roulette... Just looking at these numbers makes me think of that saying, leverage is a double-edged sword, most people only see the blade and not the handle.
The social media show of positions was incredible, a textbook example of a contrarian indicator... Losing over 100 million just because of a slip of the tongue, is it worth it?
Cold wallets emptied of 50 million? Buying second-hand and still trying to get a bargain, isn't that just asking for death?
Don't just look at the stories of contract liquidations, account hacking is the real hidden killer... Many people haven't even enabled 2FA.
Honestly, such a simple risk control awareness is so lacking, no wonder the crypto world’s retail investors are never-ending.
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VitalikFanAccount
· 14h ago
71 liquidations? Buddy, are you playing Russian roulette? And you call it a "trading strategy."
That guy showing off muscles left a deep impression on me. Posting a 1.25 billion position on social media and losing blood in a week—how confident must he be?
Buying a second-hand cold wallet and losing 50 million—it's a hard lesson to learn. There are really no cheap deals in the crypto world.
The 2025 Risk Warning for Cryptocurrency Traders
On-chain data reveals some shocking trading stories. Some traders were liquidated up to 71 times in just the first 19 days of November, with a peak daily loss of $21.28 million, earning the title of "Liquidation Frequency Champion." This reflects the fragility of high-leverage strategies in volatile markets—no matter how strong your trading intuition is, it can't withstand the amplification effect of contract leverage.
An even more extreme case involves a well-known trader who publicly posted large positions on social media, once holding a $1.25 billion Bitcoin long position, only to lose over $100 million within a week. This show-off style of high-profile operation ultimately became a contrarian market indicator.
Off-chain activities are also not calm. Buyers purchasing so-called "discounted" cold wallets on secondary platforms eventually found their accounts emptied, with losses reaching $50 million. Meanwhile, a social media account of an ecosystem participant was hacked, with the hacker leveraging their influence to cash out $55,000 in a short period, exposing the importance of account security.
These series of events all point to the same lesson: whether it's contract liquidation, social account breaches, or hardware wallet traps, risk management is always the first lesson for survival in trading.