$RAVE This time, I lost completely and cleanly.

In the $28.79 million liquidation volume, I’m part of it. I’m one of those stupid short sellers, watching the price skyrocket 132% in a single day—adding margin all the way, getting pulled through all the way. The largest single liquidation of $467,792 isn’t mine, but my $110,000 is enough to make me start sleeping in a bridge tunnel from tonight.

Today, I watched my position go to zero with my own eyes—I slammed straight into the most extreme wave.

I thought RAVE would follow, but it just lifted off right where it was. The main force specifically hunts down smug little retail traders like me. 30,935 people got liquidated together—we’re all unlucky brothers in the same boat.

Short positions got liquidated for over 24 million, while long positions were only 4 million—the market is just blowing up the bearish people like us. I reflected. And the result of that reflection is: I don’t deserve to play this game.

Goodbye to leverage trading. Goodbye to contracts!
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