2026-01-06 01:23:37

On-chain data shows that a recently created wallet made a big move—pumping in 5 million USDC into a certain platform, then directly using leverage. Among them, LINK took a 5x long position, and DOGE even more aggressive with over 10x leverage. The total position size reached $28.2 million. However, the current situation is a bit awkward, with an unrealized loss of about $600,000 from this move. Beginners are still easily confused by high leverage; the fluctuation range for such positions can actually be quite large.

DOGE-1.05%

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GasFeeVictim

· 01-09 00:43

10x DOGE explodes directly, losing 600,000 in just a few days, serves you right Starting with a new wallet and playing this big, pure gambler mentality LINK 5x DOGE 10x, how excited must that be haha, now do you regret it Playing with a 28 million position like this, not going bankrupt is considered luck A good hand turned into this, beginners should wake up Looking at this kind of order, I already know the story behind it, it’s just liquidation Leverage is really poison, so many people lost just like that Honestly, this move is outrageous, throwing 5 million in is no different from gambling A new wallet dares to operate like this? Truly brave Losing 600,000 is just a small matter, you might lose even more next time

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ZKSherlock

· 01-08 10:27

actually... the trust assumptions here are wild. fresh wallet, 28M in leverage, and we're supposed to believe this isn't just observable market manipulation? the computational overhead of tracking these positions is minimal but the information theoretic implications of "new wallet dumps 5M USDC then yeetus into 10x" are... questionable at best

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mev_me_maybe

· 01-06 01:49

Haha, 10x DOGE... This guy really dares to do it. How's it going now? Starting a new wallet and playing so big, the problem is if the price reverses one day, it's Game Over. Damn, going all-in with 28 million and only losing 600,000, that's quite a small loss. Should I wait a bit more? This is the so-called "I'm very professional at trading cryptocurrencies," but in the end, the market teaches you a lesson. 600,000 is just the appetizer; the real feast is still to come.

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NFTPessimist

· 01-06 01:32

10x DOGE leverage, is this guy trying to get rich overnight or go broke overnight? --- 5 million USDC directly go all-in with 10x leverage, beginners really dare to play --- A floating loss of 600,000 is just the appetizer; this position's volatility can eat people alive --- Another new wallet and high leverage, this is the daily tragedy script on the chain --- DOGE 10x long? Wake up, brother, this is not gambling, it's suicide --- Playing with a 28.2 million USD position using high leverage, he's really brave, I admire that --- Seeing this kind of operation, I know someone is about to get liquidated, it's only a matter of time --- Beginners get excited about leverage, but they learn no lessons from losing 600,000 --- Putting in 5 million and only floating a loss of 600,000? Seems like there's more to come --- Data mined from the chain shows such reckless operations, only to say luck was bad and a downturn hit

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BlockchainTalker

· 01-06 01:28

Actually, let's break this down—fresh wallet, 28M position, 10x DOGE leverage? that's basically asking the market to liquidate you lol. empirically speaking, this is textbook gambler's fallacy wrapped in leverage euphoria. the real kicker? only 600k drawdown so far means volatility hasn't even flexed yet. caveat: one wick and this position gets rekt sideways.

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ColdWalletGuardian

· 01-06 01:26

10x DOGE leverage, this guy is really daring, losing 600,000 is considered light --- New wallet投入5 million directly full position, a typical gambler's mentality --- With this position size, the volatility is so large it could scare your heart out --- Another novice being cut by high leverage, where is the promised risk management? --- Playing a $28.2 million position with 10x leverage, you must have a strong heart to sleep at night --- On-chain tracking of this kind of operation is the most satisfying, watching others crash live --- DOGE 10x? No wonder there's unrealized loss, this is a suicidal trade

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