$PIPPIN Oh my God! General Liangxi's short position on PIPPIN has been driven to the brink of liquidation by the market, repeatedly rubbed against the line of life and death, just one K-line away from liquidation! Posting in despair, he cries out, "Hurry up and come down, the sky is falling!" With 10x leverage, he shorted PIPPIN with an opening price of 0.3063207. The coin price rose all the way to 0.402, and he lost 5,538.02U, with the margin ratio only at 89.17%. The liquidation price of 0.3237288 is just around the corner; if it rises one more cent, he will be liquidated and cleared to zero! Converted to RMB, that's nearly 39,000, enough to buy the latest gaming laptop, complete with a mechanical keyboard and gaming chair—much better than struggling on the edge of liquidation! What's even more heartbreaking is that just when he could not hold on any longer and wanted to cut his losses, PIPPIN started to decline slowly, resulting in a significant reduction in his losses. This wave of "the sky is falling" despair is filled with frustration from being toyed with by the market and regret from pounding his chest!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.