#特朗普数字资产政策新方向 Just saw a real-life lesson: an experienced trader started longing $ETH at 2,840 with a principal of 500,000, and through rolling positions, his unrealized profit once soared to 3.34 million.

Those numbers are enough to make anyone envious. But the plot twist came out of nowhere.

He kept rolling his positions, pushing the liquidation line up to $3,000. In the early morning, ETH suddenly crashed, breaking through his defense. After two consecutive liquidations, almost all of the 3.34 million profit evaporated. Now his account has 730,000 left, just $42 away from the next liquidation.

This case vividly shows both sides of rolling positions: profits rocket up when things go well, but your principal is as fragile as paper when the wind turns. Especially in today's volatile market, high leverage is like dancing on a wire.

To be honest—your market calls can be aggressive, but position management must be conservative.

Protect your principal, so you have a chance to start over. Surviving is always more crucial than chasing unrealized gains.

Currently, $ETH is still struggling below 3,000. If it can't recover soon, it might trigger a larger wave of liquidations.

Everyone, risk management isn't just talk. Make it through this round of turbulence, and you'll have chips to play in the next cycle.