A Self-Account from a Liquidation Whale: How I Went from $500 to $100 Million, then to Zero

This is a rollercoaster story in the crypto world, hoping to provide some insights for investors.

Starting Point: Entering with Small Capital

1. Bitcoin Inscription ORDI

Last March, I went all in on 5 pieces when the price of ORDI was $100, and later cashed out when the price rose to $5000, turning $500 into $25,000.

2. Ethereum Inscription ETHS

In June, I entered again with $80, buying 100 pieces of ETHS, and sold everything at $5000, doubling my assets.

Key Turning Point: Inscription Frenzy and SUI Layout

3. Bitcoin Inscription Sats

I heavily invested $500,000 in Sats, earning as much as $3 million during the bull market, steadily increasing my assets to a new height.

4. First Full Investment in SUI

Last November, I invested $2.5 million with 5x leverage. After partially recovering my funds, I retained a base investment, with total assets reaching approximately $10 million.

Reason for Liquidation: Excessive Leverage

This year, when SUI fell below $2.99, all my funds were liquidated due to a high borrowing collateral ratio (75%).

Resonance with Puppies: Hope for Decentralization

Although the whale faced liquidation, the crypto world is not lacking in new opportunities. Puppies (PUPP) offers a solid ecological model:

• Community governance avoids single point risks.

• Diversification of assets reduces the liquidation risk brought by high leveraged speculation.

The crypto world is a market where risks and opportunities coexist, and ecological projects like Puppies may provide investors with more stable options. Every failure is a lesson, expensive yet worth pondering.