LIQUIDATION WATCHPARTY #4

[Anonymous No.56619259]

gather round for another comfy thread, we have had liquidations in every thread so far.

I personally don't care who owns this wallet, i just want them liquidated. I also don't believe in coincidences.

Previous thread:
>>56612956

[Anonymous No.56619283]

>>56619259
current positions:
1.07 - aave, ethereum - 61k LINK borrowed, backed by nearly 1m stables, 121 eth
1.11 - aave, arbitrum - 61k LINK borrowed, backed by 1.2m stables
1.08 - iron bank, ethereum - 2.4k LINK borrowed, backed by 44k stables

[Anonymous No.56619294]

>>56619283
monitor his portfolio here
https://debank.com/profile/0xecdED8b1c603cF21299835f1DFBE37f10F2a29Af

[Anonymous No.56619326]

How does it work if/when he is liquidated ?
Does he keep the borrowed linkies and lose what he has in lending ?

[Anonymous No.56619329]

>>56619326
That’s when you depend on the whims of your people

[Anonymous No.56619339]

>>56619326
Yes hes basically buying LINK by doing this

[popo !z5VQY4IkhY No.56619345]

WTFWT

[Anonymous No.56619356]

>>56619326
the way it works in DeFi is when his health score dips below 1, miners are incentivized to liquidate his ass. Liquidations happen in chunks, like 6-10k LINK amounts. That means the liquidator is taking his collateral, or a portion of it, going to Uniswap and market buying LINK, and repaying the debt (LINK) to Aave. In previous threads, his collateral was mostly ETH, but he has now sold most his ETH for stablecoins, and is now basically just short LINK/USD. We will see how this pays off, and what actions he will take to try to trade himself out of this situation.

[Anonymous No.56619494]

>>56619259
Why tf would he short link of all things?

>>56619345
basado

[Anonymous No.56619642]

>>56619283
What price do we need for each of those HFs to get liquidated?

[Anonymous No.56619686]

>>56619642
it's a moving target because his collateral is eth but it'll be around $16-16.50

[Anonymous No.56619696]

>>56619686
That makes sense, thanks anon!

[Anonymous No.56619703]

>>56619259
I don't understand troon defi trading shit. I don;t want to understand either. However, I do want to know if this guy is an idiot and is getting rekt?

[Anonymous No.56619708]

>>56619494
he successfully trading the 5-9 range bound price for over a year and was certain this was going to be yet another dump back down
>>56619642
liquidations will start up again once we get near $16, but for everything to get wiped out we probably need to hit $20.
>>56619686
reminder that he sold most of his ETH, infact all of his ETH on the arbitrum side.

[Anonymous No.56619723]

>>56619494
>Why tf would he short link of all things?

Perhaps just looking at the graph history without any background info on the project

Unfortunately for him...

[Anonymous No.56619778]

Lol, I just noticed he adjusted all of his shorts to be primarily covered by USDC when it used to be ETH, and now ETH's pumping! Hope it stings

[Anonymous No.56619802]

>>56619778
is this guy a perma bobo who is getting rekt?

[Anonymous No.56619817]

>>56619703
u can make it without it.

[Anonymous No.56619846]

>>56619817
yes, i am retard.
>buy when /biz/ is spammed with mumus
>and sell when /biz/ is spammed with bobos

[Anonymous No.56619872]

>>56619778
its been 10 hours since his last trade, only a matter of time till his is back at it with todays trading strategy

[Anonymous No.56619924]

>>56619872
RIGHT ON CUE
>40k USDT removed from collateral
inb4 he buys eth

[Anonymous No.56619978]

>>56619924
HE IS REPAYING LINK AKA BUYING LINK
>40K USDT bought 2650 LINK
>takes out another 55k USDT

[Anonymous No.56620009]

>>56619978
Is he finally bending the knee?

[Anonymous No.56620012]

>>56619978
>55k bought 3647 LINK
>remaining USDT of 26k removed
>sold for 1700 LINK
in the last few minutes he has bought 8k LINK

[Anonymous No.56620013]

Man it was funnier when I thought the wallet owner is some teen pajeet some boomers put in charge of their life savings.

[Anonymous No.56620036]

holy shit is he capitulating completely???
>80k USDC removed

[Anonymous No.56620079]

>>56620036
>80k usdc bought 5319 LINK
he then withdrew 126k DAI and immediate put it back seconds later for some reason

[Anonymous No.56620110]

WHERE YA GOIN SON, WE AIN'T DONE FISHING

[Anonymous No.56620191]

>>56620079
>110k DAI withdraw
>market buy of 7200 LINK
he has bought over 20k LINK in the last 20 mins

[Anonymous No.56620213]

> He capitulated

aw

[Anonymous No.56620225]

>>56620213
what would you have done differently?

[Anonymous No.56620236]

>>56620225
not shorted the god protocol

[Anonymous No.56620268]

>>56620191
>withdraw 135k DAI
>market buy 6.5k LINK with 100k
>hold 35k DAI, repay 6.5k LINK to aave
26.5k LINK bought so far this morning

[Anonymous No.56620281]

>>56620268
Nice thanks based lawyer, my longs are shitting money

[Anonymous No.56620304]

>>56620268
>withdrawn remaining DAI of 57k
>swap 35k DAI for 2300 LINK
>repay 2300 LINK
28.8K LINK bought and repaid

[Anonymous No.56620329]

>>56620236
this lol

[Anonymous No.56620376]

>>56620304
>swap remaining 57k Dai for 3788 LINK
>repay LINK
PORTFOLIO UPDATE
1.38 - aave, ethereum - 28k LINK borrowed, backed by 471k stables, 121 eth
1.10 - aave, arbitrum - 61k LINK borrowed, backed by 1.2m stables
1.07 - iron bank, ethereum - 2.4k LINK borrowed, backed by 44k stables

[Anonymous No.56620391]

>>56620236
you're a faggot in this worst possible way

[Anonymous No.56620403]

>>56620391
i think you're in the wrong thread

[Anonymous No.56620555]

>>56620376
>withdraw 180k USDC
>MARKET BUY 11.8k LINK, repay to aave

[Anonymous No.56620567]

Should I swing right after this guy ropes?

[Anonymous No.56620602]

>>56620555
wow his aave ethereum position is nearly closed! complete capitulation!!
>withdraw 235k USDC
>market buy 15.5k LINK, repay to aave

[Anonymous No.56620612]

>>56620391
ironic, my 80 iq esl friend

[Anonymous No.56620642]

>>56620391
>you're a faggot in this worst possible way
says this 'guy'

[Anonymous No.56620663]

>>56619283
he bought 61k LINK over the course of the hour and closed out his Aave- ethereum position completely

[Anonymous No.56620781]

so this tard watched LINK at $6-7 for more than a year straight, heavily shorted the breakout and is now forced to market buy one million worth of LINK at $15 to pay it all back and capitulate? lmao

[Anonymous No.56620832]

can someone explain what's happening to a complete idiot like me?

[Anonymous No.56620838]

>>56620663
We arent done yet!
>he seems to have abandoned the iron bank position
>closed down aave- etheruem, sent 143 ETH to arbitrum
reminder on arbitrum aave he still is short 61k LINK, backed by 1.2m in stables presently before this 143 eth gets there.

[Anonymous No.56620878]

>>56620663
How much realized loss?

[Anonymous No.56620932]

>>56620013
IM IN THE ARENA SIRS

[Anonymous No.56620983]

>>56620013
Kek, somehow /biz/ thought that was plausible when their only breadcrumb mentions a 25 eth investment

[Anonymous No.56621000]

>>56619259
Look, I'm all in LINK as well as an ICO OG myself but ever since I found out the short sell was actually a white man and professional lawyer named Thomas Cox instead of an Indian student, this joke really stopped being funny. Have you even considered the possibility that this white man has a white family, a wife, white children depending on him to finance their education and raise them properly with our values? I mean look at you guys, collectively laughing at the misfortune of a fellow white man, is this really what the LINK community has turned into lately? If so then I'm not sure I want to remain an active part of it. I initially joined the Chainlink community because I truly believed in unconditional solidarity and proud brotherhood among the white race, I invested in the LINK token not for financial gains but as a moral stand against the hordes of brown savages threatening our white civilization. I say we give this white brother Thomas a break and all of us right here right now agree to sell our LINK tokens to help him recoup his losses. Let's do this together my brothers, for the unity of the white race!

[Anonymous No.56621114]

>>56621000
Thomas has actually just now finally read the Chainlink whitepaper and that's why he's suddenly market buying millions worth of LINK after the breakout to pay back his loans out of pure embarrassment not knowing what he tried to short all this time. thanks Thomas for your capitulation, very cool

also checked

[Anonymous No.56621173]

>>56621000
Savindubros we are feasting!

[Anonymous No.56621183]

>>56621000
fresh pasta is the best pasta

[Anonymous No.56621201]

>>56621000
Checked just sold my 100k stack to support white lawyers in need.

[Anonymous No.56621228]

>>56620838
You've done good work here, OP. Thanks for the thread, the caps, and the commentary. My favorite threads on this dead board in weeks.

[Anonymous No.56621326]

>>56621228
thanks fren, its starting to feel a bit more comfy on this board

[Anonymous No.56621359]

>>56620832
Shorters are having to make some tough decisions before their short positions get liquidated

[Anonymous No.56621592]

>>56620391
you should leave the arena then boomer

[Anonymous No.56621637]

>>56621000
Huh? Huh? Huh?

[Anonymous No.56621688]

>>56620567
Sounds based

[Anonymous No.56622119]

>>56619259

based lawyer who you gonna stake with? pool's OPEN!

[Anonymous No.56622235]

>>56620838
UPDATE:
>sold 143 ETH for USDC
>deposited 300k to aave

[Anonymous No.56622255]

>>56622235
HE IS SHORTING LINK AGAIN
and now his position is completely short link/usd. Its time

[Anonymous No.56622286]

>>56622255
>SELL 15K LINK FOR 228k USDC
>deposit back as collateral
>1.26 health

[Anonymous No.56622301]

>Margin Call Saul

[Anonymous No.56622322]

>>56621000
"white" (((lawyer)))

[Anonymous No.56622338]

>>56622286
>SLOPPY JOB THOMAS

[Anonymous No.56622348]

>>56622286
HE SHORTED ANOTHER 14K LINK
here we go boys, hunting season back on

[Anonymous No.56622423]

>>56622255
I would love to know how the fuck all this shit works, but I am just retarded I guess.

[Anonymous No.56622447]

>>56622423
JustHodl™

[Anonymous No.56622471]

>>56622447
I get that he's margin trading, but how do you know when he's going to get liquidated?

[Anonymous No.56622497]

>>56622348
So after the massive pump against eth he suddenly believes that Link will outperform eth in the near term? This guy is retarded

>>56622423
Make a wallet on polygon with a couple of dollars to fuck around with aave and uniswap then study your own transactions on etherscan, it will take a lot of the mystery away. Or don’t and just hold on coinbase if you have any kind of gambling in you

[Anonymous No.56622506]

>>56622471
Well in reality we can't, maybe he has a stack of 300 BTC stashed that he is ready to deploy in order to not get liqd

[Anonymous No.56622507]

>>56622348
he shorted more link
He now is short 100k LINK , backed completely by usdc

[Anonymous No.56622515]

>>56622423
for your own good, dont learn how short/long and leverage works newbro. just buy spot and hold.

[Anonymous No.56622536]

>>56622471
When his loan is getting close to the same as his collateral he’s gonna get liquidated. Not sure how aave works these days but I think they take around 5% fee for the sheer pleasure of liquidating you. So when collateral is 105% of what you’ve borrowed then you’re going to flavour country

[Anonymous No.56622565]

CURRENT POSITION UPDATE:
>100k link shorted
>no fucks given
LIQUIDATE HIS ASS

[Anonymous No.56622723]

>>56622565
I have no sympathy for this boomer now.

[Anonymous No.56622753]

Elon you autistic fucking faggot I know you browse this board and I know you're in these threads. Pump and dump 20 mil in under a minute. I don't care if it kills link I just need to see this bear die.

[Anonymous No.56622909]

>>56622565
lolwhy

[Anonymous No.56622931]

Has anybody called his number yet to clown on him?

[Anonymous No.56622940]

>>56622565
poomp it

[Anonymous No.56622960]

>>56619356
I can’t wait til we go to $1,000 and liquidated all of these scammers screaming and crying the whole way. They’ll totally start fudding 2018 points along the way

[Anonymous No.56622966]

>>56621000
>white
You outed yourself in your first sentence, rabbi.

[Anonymous No.56622976]

>>56622565
I estimate his liquidation price at around $19.84. Damn this nigga must be sweating right now.

[Anonymous No.56622980]

>>56620391
lmao
never-linker fuming

[Anonymous No.56623103]

>>56622976
If we all take our exchange Link out to private wallets does it fuck this guy?

[Anonymous No.56623144]

I'd like to highlight a couple other link shorters that are out there and waiting to be liquidated. There isnt many big boys, this threads' subject is certainly the biggest short.

1) this guy has an interesting strategy to say the least... will it pay off?
https://debank.com/profile/0xfe95b935eabda9fc47233223c057c590e95ce47b

[Anonymous No.56623718]

Is there any way for this dude to get out of this without losing everything?

[Anonymous No.56624023]

>>56623718
No, I'm sorry, you're fucked Tom.

[Anonymous No.56624071]

>>56623718
He could just close the short, but he won't because of his hubris. He would rather lose it all than accept that he was wrong.
>>56623103
No, but it's a good idea anyway.

[Anonymous No.56624417]

>>56622565
He said fuck it and went all in. Link sisters, our response?!

[Anonymous No.56624634]

>>56624023
I'm not Tom, I'm just not a degenerate gambler so there's a lot I don't understand about how this works.
>>56624071
>He could just close the short
This is what I'm wondering, is there anyway for him to walk away with anything, or is he fully committed and can't back out in any way whatsoever? In this pic >>56622255 he still had 15k link in his wallet, but it looks like he committed that to his short position too.

[Anonymous No.56624720]

>>56624634
No, he can back out at any point, he'll just lose some money. Liquidation doesn't even make you lose everything, it just forces you to repay your debt at a worse price than you entered at.

[Anonymous No.56624832]

Uh oh Tom, you better depositing more collateral. Uh oh stinky.

[Anonymous No.56624875]

Honestly a short here isnt so bad. Everyone and their morther is bullish right now.

[Anonymous No.56624917]

>>56624875
this time its different unironically.