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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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TRADER MAKES HEADLINES WITH $10M LOSS ON HYPERLIQUID
A trader identified by Lookonchain made 6 liquidations in 3 days on Hyperliquid, losing almost $10 million.
He had started well:
➤ +6M$ profit on a long BTC/ETH position (leverage X50)
➤ But the losses soon followed
➤ The wallet in question had previously generated +$10M
The derivatives market remains merciless to overconfidence.
Remember: volatility amplified by leverage is a dangerous game.
Follow the metrics, but above all manage your risk.
#contentstar #HotTopicDiscussion