In the world of Crypto Assets trading, an investor experienced a thrilling ETH trading journey. This trader got on board at a price of $4,304 and initially made some profits. However, he employed a highly risky strategy - using floating profits to increase the position, ultimately expanding the position to an astonishing $146 million.

As the leverage increased, the liquidation price also rose. Unfortunately, the ETH price began to decline continuously afterward, causing his position to face liquidation multiple times. After a series of market fluctuations, this trader ultimately decided to concede and recently closed all remaining positions.

The result of this transaction is lamentable. Starting with an initial fund of 6.99 million USD, it ended up with only 779,000 USD, totaling a loss of up to 6.21 million USD. This process fully demonstrates the high-risk characteristics of the Crypto Assets market, as well as the serious consequences that excessive use of leverage can bring.

Looking back at the entire trading journey, we can see a dramatic change in funds: starting from 125,000 USD, it once reached a floating profit of 43 million USD, then retraced most of the gains and closed the position with a profit of 6.865 million USD. Immediately after, another 6.99 million USD was invested to go long on ETH, ultimately resulting in a loss of 6.21 million USD.

This case serves as a wake-up call for Crypto Assets investors, reminding us to use leverage cautiously and to always pay attention to market risks. At the same time, it reflects the high volatility of the Crypto Assets market and the difficulty of achieving sustained success in this field. For ordinary investors, this is undoubtedly a lesson worth pondering, reminding us to remain rational and cautious in any investment decisions.