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A major wallet address 0x10a has recently experienced a rollercoaster of transactions. In just two days, this whale went from a profit of $5.8 million to a loss of $1.87 million.
Specifically, the BTC long position was completely liquidated, resulting in a loss of $1.69 million alone. At the same time, on the coins FARTCOIN and PUMP, 10x leveraged longs also did not escape unscathed — some positions have already been liquidated, with floating losses approaching $747,000, and a forced liquidation is not far off.
This case reflects the risks faced by high-leverage positions during market adjustments. Especially in highly volatile conditions, even well-funded large traders can quickly shift from profit to loss. The complete liquidation of the BTC long position serves as a reminder to all traders — leverage can amplify both gains and losses. A sudden market turn can put an account in a life-threatening situation. The leveraged exposure on FARTCOIN and PUMP further worsens this address’s situation, with floating losses already at a dangerously high level.
BTC's liquidation resulted in a loss of 1.69 million. This guy probably experienced the "gentleness" of leverage. FARTCOIN and PUMP are still stubbornly holding on, with unrealized losses of 747,000... I think this is a real documentary titled "Laughing and then Liquidated."