Orbit: Crypto Community Feed
On days without contracts, my mind is as calm as still water; instead, the more it falls, the more excited I get. I no longer have the emotional ups and downs I used to have—making money feels good for a moment, but losing money makes me add more positions.
As long as you don't stop, every contract gambler's fate is to end up at zero.
I've been severely hit three times, and this is the second day of logging in.
My $SOL liquidation happened, I failed
$BTC A roasted sweet potato costs 0.35U, today I lost 50 sweet potatoes, who won them?
This big player who was previously on the profit leaderboard probably had a "Qingming disaster" this National Day, really suffered huge losses and completely fell.
Let's take a look at this bloody bill.
First, the most tragic is BTC. BTC｜50x full position long, entered at 86494, the market kept declining, precisely smashing through the strong liquidation price at 84185. 200 BTC were liquidated on the spot, a single loss of 598,013U, a return rate of -172%. Fifty times leverage with a full position and 200 BTC, this drop directly stripped the account down to its underwear.
Next, Ethereum, it’s like a series of slaps, killing both longs and shorts.
First, ETH｜30x full position short, entered at 2677, but the market rebounded to 2726, forcibly losing 164,848U and cutting losses to exit.
Right after closing the short, reversed to go long. ETH｜30x full position long, entered at 2737, was hammered down to 2698, again a huge loss of 395,892U.
Thought that was it? No. Then continued going long, ETH｜50x full position long, entered at 2716, liquidation price 2673, another liquidation, loss of 49,655U.
Then opened again, ETH｜50x full position long, entered at 2725, closed at 2693, another loss of 72,136U.
Looking at these operations, BTC and ETH combined lost over 1.2 million U in just a few days. The profits painstakingly accumulated on the profit leaderboard were all returned to the market with principal and interest during these National Day days.
$BTC $ETH
Bear market returning? I said last month that this rally would top out at 2850, and it’s impossible to directly enter a bull market. $ETH has been oscillating between 2700-2750 for two weeks, and today it dropped 4 amplitude units in 15 minutes, piercing through 2600, hitting a low of 2577.
Looking at the market now, 2600 won’t hold either. I started watching for black swans since early July, and now it’s dropped 4 amplitude units in one day. What’s next? $BTC
All positions are currently in floating profit, and I’ve already recovered the profitable and losing positions I cut earlier to maintain risk control. Not to mention, 2550 made a big profit directly. $ZEC is still a bit strong, but I think the future of this privacy sector is just a bubble, with floating profits of 300,000 USD.
Influential Creator
Why did the market crash sharply this morning? This really isn't an issue with crypto itself; someone is precisely targeting $400 million worth of long positions, and even four insider addresses are getting caught up in it.
There are also macro factors: the Middle East situation has become tense again, and oil prices have broken $100. This reason can be considered a trigger but not the decisive factor.
The decisive factor is the drop caused by a chain liquidation of leveraged positions.
$BTC failed to break through the 87,000 resistance and reversed, falling below 84,000. This level was packed with long stop-loss orders. As a result, about $400 million worth of long positions were liquidated within 20 minutes, triggering a leverage cleanup.
Why do we say someone is targeting the longs? Because, first, the spot market didn't move; second, four newly created wallets each deposited 250,000 USDC on Hyperliquid and precisely opened 40x BTC short positions just before the crash, clearly big players riding the wave.
So don't panic, this wave is not a trend reversal. The real judge will be the Fed's September meeting minutes tonight. If hawkish, 83,000 will be the true bottom; if dovish, this wave will be fully digested.
+21.51%
Snapshot at Oct 07, 2026, 14:40