DefiPlaybook
Recently, an interesting case has been circulating within the industry. A well-known trader used 40x leverage to heavily long Bitcoin futures, only to encounter a sudden "pin" market move. In just a few hours, the account went from a floating profit of 300,000 to a loss of over $23 million. Honestly, such sharp rises and falls are not uncommon in the crypto market, but each time they serve as a reminder—high leverage is like a double-edged sword.
The volatility of Ethereum and Bitcoin has been quite significant these days. Many people see whales continuing to add positions and think the opport
View OriginalThe volatility of Ethereum and Bitcoin has been quite significant these days. Many people see whales continuing to add positions and think the opport