This round of XNY followed the market down hard, with the sharp drop likely wiping out countless contract holders. When the main market takes a hit, altcoins plunge desperately, and leveraged traders are left crying again.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
DaisyUnicorn
· 3h ago
Yet another tragedy of a flower being uprooted... Leverage is like watering a little flower with pesticide—you think it'll grow stronger, but it just withers faster. Everyone is equal in front of the liquidation line. I've been at this car crash scene before, and I really learned what “cutting losses is cutting pain” means.
View OriginalReply0
BridgeJumper
· 4h ago
Here we go again, leverage really is a money pit.
View OriginalReply0
NFTRegretter
· 12-06 07:51
Don’t play with leverage, seriously, you can lose everything in one go.
View OriginalReply0
0xLostKey
· 12-06 07:51
Another day of contract liquidations—can't survive without leverage.
View OriginalReply0
ApeDegen
· 12-06 07:39
Same old trick again. The contract liquidation drama really needs a new script.
View OriginalReply0
failed_dev_successful_ape
· 12-06 07:36
Another story of a leveraged liquidation. This time, contract traders really got wrecked.
This round of XNY followed the market down hard, with the sharp drop likely wiping out countless contract holders. When the main market takes a hit, altcoins plunge desperately, and leveraged traders are left crying again.