2026-01-08 12:24:28

A textbook example of chasing opportunity costs.

One whale liquidated his entire $LBTC position—$1.6M worth at an average entry of $89K—only to FOMO into an ETH long contract right at the $3190 local peak on a decentralized perpetual platform.

The timing couldn't have been worse. When ETH dumped to $2.8K, his position was underwater by nearly $600K. Even now with prices recovering, he's still sitting on a -$120K loss.

A brutal reminder: sometimes the best trade is the one you don't take.

ETH1,89%

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.

15 Likes

Reward
15
8
Repost
Share

Comment

0/400

MelonField

· 01-11 11:36

Selling the right coins and buying the wrong coins, this is called genius operation

View OriginalReply0

TeaTimeTrader

· 01-10 16:04

This is what you call greediness leading to overreach; selling at the right time can actually result in greater losses...

View OriginalReply0

SybilSlayer

· 01-10 15:15

A vivid negative example, $1.6M cut to chase the high. Such a move requires so much confidence to play like this.

View OriginalReply0

UnluckyMiner

· 01-08 12:54

This is a typical greed problem, selling at the floor and buying at the ceiling haha

View OriginalReply0

NullWhisperer

· 01-08 12:52

nah this is what happens when you treat liquidation events as trading signals... dude essentially sold the bottom to chase the peak, technically speaking that's not even FOMO it's just... broken risk assessment

Reply0

SelfCustodyBro

· 01-08 12:52

Invested 1.6 million, but ended up losing 120K. This is a classic case of greed, and it's really frustrating.

View OriginalReply0

ShamedApeSeller

· 01-08 12:52

A typical greed outbreak: selling and still wanting to chase, ending up in the slaughterhouse.

View OriginalReply0

AirdropHunterWang

· 01-08 12:52

Oh my god, this guy's really a devilish trader. Selling at the bottom and buying at the top—an textbook-level reverse indicator.