Ethereum Whale Loses $306M on Hyperliquid: The Perils of 50x Leverage
Ethereum Whale’s $306M Liquidation: A Cautionary Tale of High Leverage A crypto whale betting heavily on Ethereum (ETH) suffered a staggering $306.85 million loss due to a massive liquidation event on Hyperliquid. The trader, using 50x leverage, saw their position wiped out when ETH’s price plummeted below the critical liquidation level. This incident serves as […]
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