- Crypto-Twitter is discussing the story of trader King Pepe Alexander III
- He went from $235M to 0
- The trader not only lost all his capital, but also went into debt, because he must pay taxes
It’s no secret that from Drawdowns in the crypto market are primarily affected by traders. Yesterday we gave new liquidation reports – they reached $397 million
One of the failure stories is actively discussed by the crypto community. We are talking about the crypto-trader King Pepe Alexander III, who February announced the complete liquidation. At his peak, the guy was managing an account of $169M.