The guy who lost over than 1 million Biden$T in only one cripto, is an example. Not an example to take care about the leverage, because 3x is lower than 95% traders. Is an example that, if there is money enough on the graphic, the whales will beat this.
If you are in short or long and there is so much money with you, in the same place, to get liquidation, they will touch this. Because it is what generate income for them.
If you are new or older in this market, you need to know that the weight of the money in the graph is the most important.
"The price will never beat this target"? Really? Never? Will you bet all your money in this sentence?
If you want to stay alive day by day, you can't stay in the middle of the slaughter herd.