The price of Monad experienced a big dump, triggering a severe liquidation event. A trader's holdings of 244 million MON (worth approximately 6.5 million USD) faced liquidation, with a single loss as high as 1.9 million USD. This liquidation incident once again highlights the risks of high margin trading. When market fluctuations intensify, the liquidation threat faced by large holders is magnified, making risk management particularly crucial.
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ShibaOnTheRun
· 12-01 03:22
244M directly cleared... how outrageous is this leverage?
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MEVHunterWang
· 11-30 15:53
Haha, it's this trap again, the fate of leverage players.
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GhostChainLoyalist
· 11-30 15:52
2.5 million is gone, this is the consequence of using leverage... Really, I've seen too many of these situations.
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CodeAuditQueen
· 11-30 15:48
Leverage works like this; triggering the liquidation logic is as ruthless as a reentrancy vulnerability—one call stack overflow results in total loss.
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GasGuru
· 11-30 15:40
244M just vanished, this is the price of leverage...
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Lonely_Validator
· 11-30 15:39
1.9 million USD just disappeared like that, this wave is really tragic. Leverage is something, it feels great when you make money, but when you lose, it drops to zero, there's really nothing in between.
The price of Monad experienced a big dump, triggering a severe liquidation event. A trader's holdings of 244 million MON (worth approximately 6.5 million USD) faced liquidation, with a single loss as high as 1.9 million USD. This liquidation incident once again highlights the risks of high margin trading. When market fluctuations intensify, the liquidation threat faced by large holders is magnified, making risk management particularly crucial.