3 Crore Rupees Lost on Binance Futures Live
53sShows a massive financial loss with live proof, sparking curiosity and debate about trading authenticity.
▶ Play ClipAI Summary
The video showcases a Binance futures trading account suffering a loss of over Rs 3 crore (approximately $360,000). The presenter reveals 48 open positions, many on coins that dropped 80–90%, and explains the losses are due to longing assets after they had already declined.
[00:01]
Massive Loss in PKR
The account shows a loss of more than Rs 3 crore (approx. $360K) in Pakistani Rupees.
[00:14]
Live Verification
The presenter shows the account live to prove it is real, not a demo.
[00:28]
48 Open Positions
The account holds 48 positions: some long, some short, including 'hazmat' (likely high-risk) trades.
[00:40]
Cause of Losses
The account holder admits to longing coins after they had already dropped significantly.
[00:54]
Typical Decline Pattern
New coins often fall 80–90%, and longing them leads to heavy losses.
The account's losses stem from a flawed strategy of buying the dip on highly volatile new coins. The video serves as a cautionary tale about the risks of aggressive futures trading.
Study Flashcards (3)
How much loss (in PKR) was shown on the Binance futures account?
easy
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How much loss (in PKR) was shown on the Binance futures account?
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More than Rs 3 crore.
00:01
How many open positions did the account have?
easy
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How many open positions did the account have?
easy
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48 positions.
00:28
What was the primary reason for the losses?
medium
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What was the primary reason for the losses?
medium
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Longing coins after they had already dropped 80–90%.
00:40
💡 Key Takeaways
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Flawed Entry Strategy
Reveals a common mistake: buying the dip on assets that continue to fall.
00:40Full Transcript
[00:01] amount in Pakistani Rupees comes to more than Rs 3 crore. There is a loss going on in this account. Why was loss observed? What was the reason? I will tell you everything. Many people say that the screenshot can also be fake. But I have live video. I am
[00:14] showing you guys in live video. Even after watching the video, if you people feel that this account is fake, it is a demo account. So brother, then you people have your own issue. Such a huge loss is being seen in the real account.
[00:28] this time you can see the current positions, there are 48 positions in this account. Some were long, some were short, some coins were long and some were shorted which we call hazmat. I asked this gentleman why are you seeing losses in this account
[00:40] ? So he said that whatever trades I have taken, whatever new longing them after they went down. You all know that all the new coins go down by 80 to 90%. Mostly losses are being seen in this account. The
[00:54] visible in those which have gone down a lot and have been longed in this account. gone down a lot and have been longed in this account.
