Since we’re all taking about how exchanges functioned during yesterday’s nuke, let me tell you how I got liquidated on Binance.

I was running a pair trade, one long and one short position. As the prices started nuking, my margin got low and instead of partially…

Post Mortem - in totality across perps - i got liquidated for a good 8 figs. My biggest mistake was in not being paranoid enough.

So, here you are too.
In the end, you stayed. Somehow, you failed.

You made mistakes, this was supposed to be your last cycle, your final round, but here you are.
That friend of yours, the one who wouldn’t stop spamming “Solana shitters at 12k” , he doesn’t…

'the LORD gave, and the LORD hath taken away; blessed be the name of the LORD' — Job 1:21

yesterday's liquidation event is the most brutal i've witnessed in my time in crypto

i got wiped out on ALL my perps positions

literally everything

eight figures:…

A Post-Crash Pilot Debrief from The White Whale

$62M - gone in a flash. But as was repeatedly pounded into my head in pilot training: any landing you can walk away from is a good landing.

As I’ve been processing yesterday’s events, I want to share a few…

Many tokens just proved they have zero bid other than contracted MMs.

Thin orderbooks cuz no one wants to buy your dogshit token for a project valued at many billions FDV.

You are not bound to hold any token forever. Let this be a wake up call to sell…

I recommend thinking about flows when considering the next meta:

> Traders got hit the hardest. The next meta won’t be something small and solely onchain (e.g., PUMP or SOL eco, Perp DEXs)
> The next meta will probably have more focus on safety and utility…

Out of respect to others I am skeptical about posting this but after careful consideration I think I have something valuable to say

Yesterday barely even scratched my gains this cycle

There is many reasons for that but the biggest ones are:

#1. I had absolutely…