@vladyslav975
Some lessons you only learn by nuking your account.
We were watching this one guy short 50K ETH.
His trading “success” story:
May 23 — +$1.1M on a long
June 5 — +$1.6M on a long
Same day, June 5 — +$2.6M on a short
Then he opened a 40K ETH short at $2,793.
During the dip, he was up $25M.
Didn’t sell. Exited at –$720K.
But no, the man wasn’t done. Shorted 70K ETH at $3,618.
Weekend dip to $3,400 — +$9M in unrealized profit.
Didn’t take it. Now he’s staring liquidation in the face at $3,724.
$259M short position. When that gets blown out, ETH will pump $30–$50 easy.
RIP king, next trader please.