Latest / Insilico Terminal Podcast
How PonziTrader lost $800K in one night - and kept going
In this episode, PonziTrader shares his full journey - from buying Bitcoin to buy weed on the dark web to becoming a high-volume directional perp trader. He walks through spinning $2k into $50k in 2017, losing it all in 2018, printing during the COVID crash, and the brutal 2021 flash crash where he lost $800k in a single night. We dive deep into real vs fake moves, exchange flow dynamics, ETF-driven markets, perp DEX competition, Hyperliquid’s stickiness, and his advisory role with NADO. Beyond trading mechanics, the conversation explores risk-taking when young, rebuilding after wipeouts, the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.