I woke up to find I'd lost over ten million again. Yesterday, I thought ETH would stabilize and rise around 3088, so I added another 2000 ETH, only to be liquidated again.
Since October, I've been liquidated over 200 times for going long. My highest unrealized profit was 300 million, which I held onto, but now I'm down over 100 million.
Many people suspect it's some kind of wash trading or manipulation. Do those people even understand trading? There are no conspiracy theories; a loss is a loss. Given Huang Licheng's trading style, a single bet on a one-sided upward trend could have turned his fortunes around by adding to his position.