Post
子墨 (
Zǐmò )
🚨 25X ETH LEVERAGE?! This is basically playing with fire. 🔥
Brothers, I just came across some wild on-chain activity.
A trader first shorted 14,976 $ETH, worth over $40M, but the trade went against him and he reportedly cut the position for a loss of around $471K.
Instead of stepping back, he immediately flipped bullish.
And this time? 25X leverage.
He opened a long of roughly 23,734 ETH, with a position value around $64.3M — and a liquidation price near $2,650.
#DailyOrbit
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