2025-12-06 04:22:30

A trader recently took rolling over positions to a heart-stopping level.

He started by going long on ETH with 500,000 at the 2,840 mark, continuously rolling over and adding to his position, with unrealized profits peaking at 3.34 million. It looked great on paper, but rolling over is essentially dancing on a tightrope—the liquidation price kept getting pushed higher, and eventually got stuck at $3,000.

What happened next? In the early morning, ETH had a pullback and dropped below 3,000. Two liquidations were triggered like dominoes. By the time he realized, his position was down to 730,000, and over 3 million in profit had basically evaporated. To make matters worse, he was just $42 away from his next liquidation.

So what if you got the direction right? Violent market swings can still wipe out your profits completely. With the current extreme volatility, high leverage is basically gambling with your life.

At the end of the day, investing should be steady. When the market is good, you can make some moves, but you really should avoid rolling over like this. Principal is the foundation of survival—protecting your capital is always more important than maximizing profits.

If ETH doesn’t climb back above 3,000, liquidation chain reactions will keep coming one after another. Manage your risk and survive—only then will you have a chance to make big gains in the next bull market. Don’t get blinded by numbers on the screen and end up with nothing.

ETH2.97%

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ProofOfNothing

· 22h ago

Over 3 million evaporated, just $42 short of liquidation... Now that's what you call a real heartbeat. I have heart problems—watching this makes me need medication.

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CryptoPhoenix

· 12-06 22:23

After reading this story, I’m reminded of a saying: numbers on paper will eventually return to market reality. Turning 3.34 million into 730,000—this is the most painful textbook lesson... Rolling positions can indeed magnify gains quickly, but it can also swallow all your faith in an instant. The real opportunity lies in the bottom range, not in this kind of high-risk gamble. Only by surviving do you have a chance to witness that moment of rebirth. The process of rebuilding your mindset is something you must go through. This guy is probably reflecting late at night right now. Just $42 away from liquidation... This is the lesson the market is teaching us. I believe the dawn will come, but only if we make it through today. Having the right direction isn’t enough; you have to control your desire. That’s the real path to risk management.

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wrekt_but_learning

· 12-06 04:51

Here we go again... From 3.34 million down to 730,000, just $42 away from liquidation, this is just outrageous. Rolling positions is really a gambler's game—enjoy the numbers for a second, and bankruptcy hits in an instant. --- The chain reaction of liquidations just sounds awful, what's the point of getting the direction right? --- Turning 500,000 into 3.34 million, then crashing down to 730,000... How many lessons does this guy need to learn? You really have to be careful with leverage. --- Even when you get the direction right, you still lose... What does that tell you? It just shows that high leverage is the original sin. --- Only $42 away from the next liquidation... Damn, this isn't trading at all, it's pure gambling. --- You have to survive to wait for the bull market, that saying really hits home. If you keep getting greedy, you won't get another chance. --- Rolling positions, rolling positions, rolling until the end. If you don't manage your risk, you'll get wiped out sooner or later.

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GasFeeBarbecue

· 12-06 04:48

More than 3 million evaporated in an instant, just $42 away from liquidation. This is way too intense. The gambler's mentality is really dangerous.

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PerpetualLonger

· 12-06 04:45

Damn, 3.34 million evaporated down to 730,000? This is the true nature of rolling positions, I told you so—

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OnchainDetective

· 12-06 04:34

This guy is really playing with fire on the edge of a cliff—3.34 million vanished in an instant. Rolling over positions and adding leverage is just a greedy game; those numbers on the screen can really mess with your head. Started with 500,000, now only 730,000 left. That’s some seriously bad luck. Just $42 away from liquidation—that feeling alone makes my legs weak just thinking about it. High leverage makes you feel like you’re the chosen one when the market’s good, but as soon as there’s volatility, you’re right back to square one. The key is simple—staying alive is more important than making money.

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