BITPRISMIA
The cryptocurrency market experienced a significant liquidation event with $111 million wiped out in one hour due to high volatility and leveraged trading risks.
A Hyperliquid whale known as AguilaTrades executed a $65.14 million leveraged long position on Ethereum (ETH) with 25x leverage, highlighting the high-risk, high-reward nature of such trades in decentralized finance (DeFi).
Hyperliquid trader James Wynn made a high-risk 40x leveraged short position on Bitcoin, highlighting the extreme risks and rewards of leveraged crypto trading.
James Wynn has made a high-risk $18.43 million Bitcoin leveraged trading bet with 40x leverage on Hyperliquid, highlighting the extreme volatility and risks in cryptocurrency trading.