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Trader Bets $98M On Bitcoin With 40x Leverage

4h ago•
Cointribune
bullish:

0

bearish:

0

The scene illustrates the risk of colossal loss faced by a trader who placed a $98 million bet on Bitcoin. At the center, the visibly panicked investor holds his head in front of a screen displaying a steeply declining chart. The huge stacks of banknotes symbolize the scale of his financial stake. The figure 98,000,000 highlights the magnitude of the gamble. In the background, a gigantic Bitcoin coin serves as a reminder of the asset in question, while the bears represent the market's selling pressure. The orange and black colors heighten the tension. Overall, it conveys a potential liquidation, without suggesting that the loss has already been realized.

A trader engaged nearly 98 million dollars on a rise in bitcoin with a 40x leverage on Hyperliquid. At the time of the report published on October 18, a decrease of only 1.6% threatened to trigger the liquidation of this particularly risky position.

L’article Trader Bets $98M On Bitcoin With 40x Leverage est apparu en premier sur Cointribune.

4h ago•
Cointribune
bullish:

0

bearish:

0

BitcoinBitcoin
1.16%
$82,016.34
HyperliquidHyperliquid
1.55%
$78.4
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