On the night of August 18, 2023, a wave of market movement caused Ethereum and Bitcoin spot prices to plummet nearly 20% within just five minutes. This bloodbath directly triggered a chain reaction—almost all contracts were liquidated. The bloggers and followers who participated in long positions that day were almost all affected, suffering heavy losses. This incident also served as a profound lesson for many: in high-leverage contract trading, any sharp market fluctuation can instantly wipe out accounts. Whether you are a signal provider or a follower, you face significant risk exposure. Such concentrated liquidations during extreme market conditions remind us that when engaging in leveraged trading, we must stay vigilant and manage positions and risks reasonably.

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FlashLoanPrincevip
· 2025-12-21 00:38
Oh no, that day was truly insane. A 20% drop in five minutes, my friend's leverage was wiped out instantly, and now they don't even dare to check their account. Futures trading, it's really quick to make money but even faster to lose it. High leverage is playing with fire. I won't touch copy trading signals from influencers anymore. It's too damn刺激, I can't handle the heart pounding. The lesson from going all-in in one shot—blood, sweat, and tears, brothers. You still have to control your risks. There were so many margin calls that day, the group was filled with cries of despair, speechless. Leverage is just a gamble; if you win, you’re full and prosperous, if you lose, you have nothing. Actually, conservative traders were the most comfortable that day, just watching the market fall without pressure. The signal providers are also pitiful, resented by followers, and their own accounts got blown up too—double blow. Stop-loss is something you really need to learn; otherwise, you'll pay the tuition sooner or later. Looking back now, that market wave was like a sieve, filtering out all high-risk traders.
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ArbitrageBotvip
· 2025-12-20 19:58
Na Bo directly bloodbath, I just said not to all-in long, but still some people ended up losing their pants.
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BearMarketLightningvip
· 2025-12-20 11:32
Damn, I almost got liquidated that day. Luckily, I didn't chase the order with my entire position.
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GasFeeVictimvip
· 2025-12-19 05:10
That day was truly incredible, a 20% bloodbath in five minutes. I watched my position turn to zero, and the traders who were guiding others kept shouting to add more positions, haha.
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ConfusedWhalevip
· 2025-12-18 04:53
That day was truly hell, losing 20% in five minutes left me stunned. Luckily, I wasn't trading futures at the time. Watching others get liquidated, I felt a bit numb.
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EthSandwichHerovip
· 2025-12-18 04:36
Damn, that day was crazy. 20% in 5 minutes, it was gone. I didn't dare to look at the market afterward.
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BoredRiceBallvip
· 2025-12-18 04:35
The August 18th event was truly incredible. I've seen leverage liquidations before, but never such a concentrated bloodbath. Those who took the lead ended up becoming the bagholders.
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POAPlectionistvip
· 2025-12-18 04:34
That wave on August 18 was really amazing. Luckily, I had already quit trading contracts early.
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rugdoc.ethvip
· 2025-12-18 04:33
I was also there on August 18... Watching the account go from positive to negative, I was truly desperate. High leverage is just a poison; I couldn't react in time.
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