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There's no bottom in sight. The market is heading straight for liquidation of Mr. Yi. Mr. Yi's original margin call price was around 2200. If he hadn't unloaded some of his leverage, he would be wiped out by now!
The first time he unleveraged, the liquidation price reached around 1800, and perhaps feeling uneasy, he unleveraged again. The second time he unleveraged, the liquidation price reached around 1500. Mr. Yi hasn't posted for three days, which is very abnormal. He seems to be under a lot of pressure lately!
This is perhaps a case of profit and loss originating from the same source. Back then, I made a huge profit by buying ETH at the buy the dips, but now I've lost a second-largest amount by going long on ETH. It's all been a waste of time going back and forth...

子棋(重生版)
@cloakmk
02-02
完了啊!
这跌幅看不到一点反弹,阴跌,持续跌,跌跌不休,看来要一次性跌个透!
挺好,给我继续跌,死了算了,最好一口气跌到6万附近,ETH直接给我跌破1800,把所有多头都给清算掉!
不破不立 破而后立
跌的越多机会才越大,25年周期缺乏大的机会,有可能就是22年跌的不够狠,这次给我跌猛一点。 x.com/cloakmk/status…


Boss Yi hasn't been active in the group chat or on social media lately, which is unlike him. Sigh 😔
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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