After months of operation, he was full of confidence and didn't want to go back to zero overnight.
Xiao Wang is a cryptocurrency investor with many years of experience. From March to June this year, he invested 20,000 yuan to buy BTC. After multiple operations, he made about 30,000 yuan with principal and interest. He was confident that he had a certain understanding of the market. He became more and more courageous. Just last night, June 7, he felt that ETH would rise, so at 22:00 in the evening, he invested 30,000 yuan with a 15x contract at a price of 3,830 US dollars.
That night, he watched the market fluctuate with his own eyes, feeling uneasy. In the middle of the night, he was awakened by a text message on his mobile phone, reminding him that his account was at risk. Xiao Wang hurriedly checked and found that the market had changed unfavorably. He realized that his position might be in danger. He immediately decided to add margin to deal with possible risks.
In a hurry, Xiao Wang began to recharge, hoping to add margin to maintain his position. However, at this critical moment, his recharge was not completed in time. Just as he was anxiously waiting, the market price suddenly fell rapidly, falling to a minimum of 3,555 US dollars, and "jumped", the position was blown up. $ETH $ETH