1000PEPE $141K Long Liquidated at $0.0109 — Volatility Alert
I recorded a long in 1000PEPE liquidated for $141,000 at a price of $0.0109.
This large liquidation underscores extreme volatility and the dangers of using leverage on this token — positions can be wiped out very quickly.
I will avoid initiating new leveraged longs here and advise extra caution for anyone holding or considering exposure.
Analysis
The liquidation indicates thin liquidity and pronounced price swings in 1000PEPE; large leveraged positions are especially vulnerable to quick price moves and cascade liquidations.
Recommendation
Exit or reduce leveraged exposure, avoid opening new long positions, and use tighter stops or smaller position sizes until volatility subsides.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.