The probability of being greed made his loss huge amount of money, and I don't believe there's rug pull on this situation. That's the scenario of market fluctuations, most experienced traders encountered this kind of situation, they never complained of an error. Our emotions is the usual cause of the outcomes and results of every trading decisions we had.
Greed for me is the action of a trader or investor who does not actually use planning in determining the trades made. If the trade has been planned well, then what will be the final result is how obedient the trader is in following the plan that was actually made by himself.
trading without a plan is like relying on luck. So the results of course depend on your luck. because being unable to make decisions is something bad for a trader. We all have to be able to determine which situations we should enter and when we should exit. stop trading without a plan, it will just burn money.