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Thus, one of the traders lost $11.94 million in a single deal today 🩸.
🩸 A trader entered a $ETH long position believing that the market would continue to rise and used a large leverage.
🩸Immediately after entering, the market rose slightly, but it did not convince with the small profit; then the market reversed on him and began to lose rapidly until the liquidation price was reached and his transaction was closed.
🩸 The future is dangerous; it burns your money; especially with a large financial leverage.
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