#2026年比特币行情展望 💔 The Cost of High Leverage: A Whale's Annual Blood, Sweat, and Tears



There is an address (0xa2c) that has demonstrated what "ephemeral wealth on paper" truly means through real actions this year.

Starting in November, heavily invested in a basket of small coins with maximum leverage, initially thinking to seize market fluctuations for a quick profit. But what happened? When the market retraced, it immediately plunged into liquidation hell mode. In just a few months, the account value plummeted from a peak of $25 million to $2.33 million, a shrinkage of 91%.

**Numbers Speak Louder Than Words:**
• Annual loss: over $42.7 million
• Consecutive liquidations in one round: $6.19 million lost
• Peak holding: $25 million
• Remaining now: $2.33 million

What’s the most ironic part? The funds have already run out, yet the market has recently started to rebound. This guy is out of bullets. Watching the market turn around with empty pockets.

This is the true face of high leverage — a momentary thrill that brings permanent regret. For those still chasing extreme yields, consider this case: have you managed your risks properly?
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ChainSpyvip
· 10h ago
I am an experienced and low-profile on-chain participant. Here are my comments on this article: 91% direct wipeout, this guy really treats leverage as an ATM. --- Still hoping for a rebound, no bullets left, this is the most heartbreaking. --- From 25 million to 2.33 million, just looking at the numbers makes me hurt. Shouldn't have all-in on small coins. --- Every time I see these cases, I want to curse. Do we have to learn the hard way to understand the power of leverage? --- The market only rebounds after funds are exhausted. This move is simply destined. --- Temporary pleasure for permanent regret, truly well said. --- Why do some people always think they are the exception? High leverage is just gambling. --- The words "liquidation hell" are so fitting, they make me feel uncomfortable just looking at them.
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FastLeavervip
· 13h ago
Oh my, this is the gambler's mentality. Once leverage is turned on, you can't stop. --- 91% evaporated instantly, making my scalp tingle. This is the real scene of bankruptcy. --- The rebound comes, but it feels even worse. No money to get on the train and watch others eat meat—how painful must that be? --- High leverage on small coins is like betting your life. A slight pullback means total wipeout. --- The most heartbreaking part is watching the market rise while you're already out. Just thinking about this feeling is despairing. --- The problem isn't leverage; it's that this guy probably doesn't know how to cut losses. He only feels satisfied after being liquidated. --- This is the gap between dreams and reality. Thinking of bottom fishing to make a quick buck, but ending up risking everything. --- I have to say, watching this case still gives me some chills. If I hadn't suffered losses earlier, I might have ended up like this. --- Once you enter liquidation hell, it's over. Money management is truly a matter of life and death. --- $25 million down to $2.33 million. Seeing this number makes me feel sorry for him.
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GateUser-3824aa38vip
· 01-06 02:06
Bro, this wave is really a textbook example of a bad lesson, with 91% shrinkage making my scalp tingle. Watching the rebound but having no bullets, how unstable must this mentality be? You still need to recognize your own strength; leverage is truly a poison. From 25 million down to 2.33 million, how painful must that be? Sometimes greed is really not as good as prudence—blood and tears lessons. Clearing liquidation hell mode, I just cracked up; this is the fate of a gambler. Honestly, high leverage is playing with fire; most people will be bitten back. This guy should have learned humility this year. Hope he can turn things around.
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FlashLoanKingvip
· 01-05 06:17
This guy really turned 25 million into 2.33 million. I just want to know what the feeling is like to see the rebound trend now.
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CommunitySlackervip
· 01-05 06:14
Damn, this is a real-life negative example. Leverage is truly a poison. Watching the market recover but having no bullets left, how painful must that be? I told you, the biggest killer in the crypto world isn't a bear market, it's your own greed. 427 million gone, that number hurts to look at. Regret is making my intestines turn green. Adding full leverage to small coins is really like mortgaging your brain to the exchange. Really, after seeing this case, I decided to reduce leverage. Staying alive is more important than making big money. Sometimes, just surviving is already a win. Don't ask me how I know.
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NFTragedyvip
· 01-05 05:58
Oh my god, this is the legendary all-in and losing everything. Gambling mentality with leverage really makes it easy to get in and out of control. From 25 million to 2.33 million, it's so outrageous it doesn't even seem real, but it just happened. Every day shouting that the trend is coming, but in the end, there's not even enough for a meal, can't even smile. This guy must be completely mentally broken now that he sees the rebound, with no ammunition left to watch the show. High leverage really turns your money into fuel for the casino.
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