2025-12-03 17:26:37

A massive blow just hit the bears.

A trader holding Bitcoin shorts worth over $11 million got completely wiped out in a liquidation event. That's not pocket change—we're talking about serious capital vanishing in what was likely minutes, maybe seconds.

The volatility is real, and leverage cuts both ways. When BTC moves against your position with that kind of size, there's no mercy from the market. Someone's very bad day just became a cautionary tale for anyone playing with fire on high-leverage short positions.

BTC-3.43%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
7
Repost
Share

Comment

0/400

OldLeekNewSickle

· 12-03 20:51

$11 million gone in an instant—that’s the true face of high leverage. Here we go again, shorts getting liquidated... Seriously, all those risk warnings are for nothing. Damn, the bulls were right this time. The shorts got what they deserved. Leverage, huh? When you’re making money it doesn’t feel like much, but when you lose, it’s faster than eating shit. Someone’s $11 million just vanished like that. Is this what happens when you pick the wrong entry point? This is a textbook example of a liquidation mechanism—I’m just here on the sidelines learning. Stop playing with high leverage, everyone. You talk like it’s real. Blown up to 11 digits in 5 minutes at 5 a.m.—who wants to do this kind of trading?

View OriginalReply0

GateUser-00be86fc

· 12-03 17:56

11 million USD just gone like that. Playing with leverage is really gambling with your life. --- The shorts got wrecked, haha. This is the price of greed. --- Tens of millions gone in just a few minutes... This is just insane. --- Leverage feels amazing when you're making money, but when you lose, it's straight to zero. --- Some people insist on shorting against the trend, now look, the market taught them a hard lesson. --- 11 million, bro, my god. Is this gambling or investing? --- That's why you shouldn't go all in on shorts. The market is ruthless, everyone. --- Yet another tragic story of a life swallowed by leverage. --- Time to watch the show again. Every time news like this comes out, someone loses everything. --- The shorts are done for. Now it's the bulls' turn to get cocky, right?

View OriginalReply0

RunWithRugs