Following the market downturn on October 11th, the trading account Machi has faced significant liquidations, getting wiped out across 200+ positions with cumulative losses surpassing $22.88 million. The cascade of forced closures paints a stark picture of how quickly leverage positions can implode during sudden market corrections. This serves as a sobering reminder of the risks embedded in highly leveraged trading strategies during volatile market conditions.
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LiquidationWatcher
· 12h ago
Oh no, it's the same old story of leverage liquidation again.
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MergeConflict
· 12-16 17:05
Leverage is just a ticking time bomb; $22.88 million disappeared overnight. This is the reality.
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CafeMinor
· 12-16 17:01
Oh my god, 22.88 million just disappeared like that. Leverage is really a double-edged sword.
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IntrovertMetaverse
· 12-16 17:00
22.88 million USD just gone like that, leverage really is playing with fire.
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TokenVelocity
· 12-16 17:00
Damn, over 20 million just gone like that. Leverage really is a double-edged sword.
Following the market downturn on October 11th, the trading account Machi has faced significant liquidations, getting wiped out across 200+ positions with cumulative losses surpassing $22.88 million. The cascade of forced closures paints a stark picture of how quickly leverage positions can implode during sudden market corrections. This serves as a sobering reminder of the risks embedded in highly leveraged trading strategies during volatile market conditions.