Recently, I saw a large trader perform a ridiculous operation in ETH trading, losing over 20 million USD in just two months. This number, if it happened to an average investor, would be enough to relax for several lifetimes, but they managed to wipe it out in two months.

This naturally raises curiosity: what kind of trading decisions could cause such huge losses in such a short period? What about normal stop-loss logic? Is it really a mindset of burning money just because there's mining income, or is there an inherent problem with the trading plan itself?

Honestly, when comparing this level of loss to the typical retail investor’s experience of being "liquidated," this operation seems even more incredible. Every day, the market sees people being precisely liquidated due to operational mistakes, but cases like this, where someone loses so much at once, are truly rare. You have to admire their "courage" — while others are thinking about risk control, this trader is just making extreme moves.

Trading mainstream coins like ETH and SOL is already risky, especially in this market cycle. Leverage and position management are even more critical. This case also highlights a point — having money isn’t everything; trading logic and risk awareness are the true core competencies.