2025-12-30 12:22:01

A well-known trader just announced their ASTER position, and immediately someone followed suit to take the opposite side. The result? High leverage long positions are now floating at a loss of $28.24 million, with funding fees burning $3.11 million.

ETH opened with 15x leverage, XRP with 10x, all positions are trapped. The small profit of $200,000 from HYPE couldn't save the overall situation.

This case is very heartbreaking—blindly following the trend and opposing, ultimately turning oneself into the biggest sacrifice of the year. Leverage may seem to amplify gains, but in reality, it also infinitely amplifies risks. A single reverse fluctuation can wipe out the account immediately.

Perhaps this is the most straightforward lesson in the market: never touch a position you don't understand, no matter how tempting it looks.

ASTER-0.4%

ETH1.05%

XRP1.24%

HYPE0.35%

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BearMarketMonk

· 8h ago

Following the trend to fight back? Isn't that just asking for death? $28.24 million, brother, I’ll never make that in my lifetime. Really, seeing these cases makes me think of the stupid things I’ve done myself. High leverage is indeed a devil. 15x ETH, 10x XRP, all爆了? How much resilience does that take? I really respect it. But honestly, who hasn't been led into a trap by traders? The key is not to die in the same place twice. $28.24 million, enough for me to dream about for a lifetime haha. This is called paying tuition fees, just that the tuition is a bit expensive. Those who follow the trend are bound to die; the market is that straightforward.

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MeaninglessGwei

· 8h ago

Following the trend and aiming for a benchmark is truly a tragic outcome, burning through $28.24 million just like that, and still having to pay an additional $3.11 million in funding fees. Reverse leverage really is a way to kill people, ETH with 15x leverage is basically gambling with your life. Going all in without thinking it through, no wonder the market teaches you a lesson. Why is this guy thinking of doing the opposite of big V influencers? His skills are not good enough, what is he following? Leverage itself is not wrong, the mistake is using positions that shouldn't be played. A single fluctuation can wipe it out, it's too outrageous. HYPE making a little profit of 200,000 means nothing, the losses can't be recovered at all. The biggest sacrifice of the year is truly incredible, how much money does it take to learn this lesson? Next time you see such orders, remember, no matter how tempting, just close your eyes.

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SchrodingerWallet

· 9h ago

Another big show of "I can make money," but it ended up turning into a tragedy scene. Following the trend to fight? What's the point, really. Leverage is a double-edged sword; it feels great when you're making money, but when you lose, you lose everything, even your underwear. Pity that 28.24 million, the funding fee alone could burn 3.11 million, how many times does the market have to move in the opposite direction... Don't trade if you don't understand the position; no matter how tempting, you must hold back. Really? Are there really people who think they can stably oppose the big V positions? Another annual sacrifice has been born, and such news will continue next time. ETH and XRP both caught in a trap—that's how unlucky it is. Why gamble with 15x leverage? Isn't normal leverage better? The lesson from this is clear enough, but next month, someone will still step into this pit. 28.24 million just gone like that. If I had that much money, I would have already retired and started my retirement plan. Following the trend ends like this, always one step behind.

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SpeakWithHatOn

· 9h ago

Following the opponent's order and opening 15x leverage, how hard must it fall. Let's just watch as leverage traders once again liquidate themselves. Do you know what true "digital sacrifice" is? It's just like this. Still daring to use leverage without understanding, deserve to burn money. Over 28 million, just saying it hurts. The opponent's order aggressively fights against well-known traders, pure suicidal trading. Don't follow the trend, this is a bloody lesson. Aster this wave trapped people very badly, don't add leverage just to watch the fun.

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AirdropHunterWang

· 9h ago

Damn, it's another story of being exploited by a big V. Following the trend really has no hope. What was this guy thinking? Just by looking at the position, he dares to open 15x in the opposite direction? Serves him right. Leverage is the devil. When you make money, it's exhilarating; when you lose, your account blows up—no middle ground. $28 million just went down the drain. Still can't learn, can you guys? Following the trend is always the same routine. I stopped playing that game a long time ago. The greed for catching a bargain is harmful. I really paid a hefty tuition this time.

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OnchainHolmes

· 9h ago

Over 28 million just gone, unbelievable --- Following the opponent's move? How capable do you have to be to do that, with a funding fee of 3.11 million --- Leverage really, a single reverse move and your account is wiped out, too ruthless --- HYPE only earned 200,000, everything else lost, this is probably the result of greed --- Not understanding how to operate and opening 15x leverage, no wonder you're trapped --- Why must you go against well-known traders? This mindset is a bit sick --- The biggest sacrifice of the year, hilarious, how confident is this guy --- 15x ETH, 10x XRP, this leverage was too high, a slight tremor and it's all over --- Sometimes not operating is actually the best move --- Funding fee of 3.11 million, how long does it take to burn that? Heartbreaking --- One more reminder: if you don't understand a trade, really don't touch it, lessons learned the hard way

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