In the crypto jungle, we do not always know success. One day, you accumulate the gains, euphoric. The next day, it's the cold shower, your wallet is in tatters. This is exactly what a certain @qwatio, also known as Falllling. He has just exceeded $ 3.6 million in losses by betting against XRP. And yet he continues. His latest shorts is suspended a few cents of the liquidation. Suspended, literally.
In short
- The @Qwatio trader accumulates $ 3.6 million in losses on high lever crypto positions.
- It maintains XRP shorts at 20 ×, close to a liquidation threshold fixed at $ 2.93.
- A rise of $ 0.07 could trigger total liquidation and massive squeeze shorts.
- The market observes its stubbornness, between fascination for the risk and lessons of extreme trading.
This crypto bettor does not budge, despite $ 3.6 million flights
It is no longer trading, it is a duel. Despite colossal losses, @qwatio continues to shift the XRP. On X, Lookonchain sums up: “Short on $ XRP of the bettor @qwatio was again partially liquidated, and the total loss now exceeds $ 3.6 million».
The figures make you dizzy. He dubbed 1,366.67 BTC at 40 × and 2.78 million XRP at 20 ×, liquidated above $ 110,280 and $ 3.0665 respectively. Result : $ 3.6 million in losses. He continues with a new position of 6.17 m XRP (≈ 17.6 million $) with 20 × lever. As soon as the price of the XRP approaches $ 2.9,155, its position is shaking.
He never lets go. Even after a partial liquidation, it remains exposed up to $ 14.3 million over 4.98 M XRP. The XRP is around $ 2.90. Suffice to say that the slightest upotal wave is enough to prevail.
No stop-loss. No plan B. Just the conviction that it will go down.
XRP, this shortlist trap that no one seems to avoid
The XRP attracts Shorteurs and Mosquitoes Light. It is liquid, volatile, and offers perfect potting soil for those who like to play tight. But by dint of playing with fire, some burn themselves seriously.
A slight thrill in the market, and it's a whole castle of cards that threatens to collapse. If the price of the XRP crosses the $ 2.93 mark, the platforms could liquidate up to $ 44 million in short positions, in a brutal automatic chain. This type of cascading trigger – called Squeeze shorts – does not forgive: it forces the sellers uncovered to buy in an emergency, making the price climb even more. It is a trap that even the most experienced.
And in this case, the thresholds are so tight that the slightest movement acts as a detonation.
Here are the facts that tremble:
- $ 3.6 million: Cumulative losses of the trader on his XRP and BTC shorts;
- $ 2.9155: Liquidation threshold for its big position;
- 555 555 XRP: new shorts open after losses, at 20 ×;
- $ 0.07: sufficient variation to trigger a new liquidation;
- 115.92 %: Marge used according to Hypercan.
His behavior borders on obsession. He created a new wallet (0x9018), injected 4.22 m USDC and relaunched the machine. Observers no longer see a strategy, but a form of addiction masked by the word “conviction”.
Even the grown -ups are wrong. Billionaire James Wynn, too, experienced a backle on Bitcoin. To bounce back, he bet everything on the Airdrop d'Aster, hoping to transform this drop into a jackpot. A new bet. A new chance?
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