Wow! How did a sale of 1,000 coins $ETH trigger an on-chain "cascade"?💥
马年来玩马🐴斯🔥克🔥概🐴念p u p p i e s 来币安直播 communication❕❕
Last night the market suddenly dropped, but what really scared traders was the whale "Maji"'s lightning operation—he frantically sold 1,125 ETH in half an hour, drastically reducing his long position!😨
This is not just a simple profit-taking. He was using a super high leverage of 25 times, and when the market dipped slightly, he faced the risk of liquidation. To protect himself, he could only panic sell.
But this sell-off was like knocking down the first domino: his massive sell order directly crashed the market, causing a price flash drop, which in turn triggered more high-leverage long positions to be forcibly liquidated by the system... The market suddenly started playing the "cascade game."🔄
On-chain data shows that his position has plummeted to 3,500 ETH. One drop triggered the whale's sell-off, and one sell-off intensified the network-wide drop—this is the cruel cycle of liquidation in the cryptocurrency leverage market.⚠️ Leverage is a weapon, but also a trap. #麻吉再出手 #ETH走势分析 #When to buy the dip?
