Crypto Trader Confesses: I Watched $80 Million Become $500,000, 'Revenge Trading Is Just Grief With A Chart'

A crypto trader known as Jawz posted Friday that he turned a presale allocation into $80 million, only to see his net worth evaporate to $500,000 after a streak of financial excess.
From $80 Million To $500,000: How It Happened Step By Step
Jawz got a presale allocation in OlympusDAO in 2021, staked everything, and watched the position compound daily to $80 million at peak. 
Rather than taking profits, he started spending.
Private jets to Dubai, $40,000 weekends in Monaco, a garage of cars driven twice, and high-limit casino rooms in Vegas and Macau where he would lose $2 million in a night.
When OHM unwound, he did not sell. He doubled down, then leveraged at 5x, then 10x, trying to trade back to the peak. 
Each liquidation triggered a larger position. $80 million became $20 million, the