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Recently, the crypto assets market has experienced a significant fluctuation. In just 20 minutes, the sudden fall in the price of Ethereum led to the liquidation of a large long position held by a well-known investor. It is reported that this investor had previously opened a long position of 21,000 ETH, which was liquidated due to the market's drastic changes, resulting in a loss of up to 4.68 million dollars.
However, surprisingly, despite suffering such a heavy blow, the investor did not back down. On the contrary, he quickly adjusted his strategy and used the remaining $330,000 in his account to open a long position worth $10 million when the price of Ethereum fell to $4,565.
This series of actions has sparked widespread discussion in the crypto community. Some praise the courage, believing it reflects confidence in the long-term prospects of the market; while others express concern about this high-risk investment strategy, fearing it may lead to greater losses.
In any case, this event once again highlights the high volatility of the Crypto Assets market and the significant risks involved in participating in it. For ordinary investors, this may serve as a warning: when making any investment decisions, one should fully assess the risks, allocate assets reasonably, and avoid placing all funds on a single Position.