The company's analysts #Lookonchain published the losses of traders who used high leverage on the platform #HyperLiquid . Although many of them started with tens of millions of dollars in profit, most eventually lost everything and even ended up in the negative.
Lookonchain provided examples of traders, each of whom at some point recorded multi-million dollar profits but later ended up with significant losses:
- Machi Big Brother: from a profit of $44.8 million dropped to a loss of $14.9 million;
- 14-win-streak trader: from a peak of $33 million went into the negative at $30.2 million;
- James Wynn: had $87 million, but ultimately ended with a loss of $21.9 million;
- Aguila Trades: from $41.7 million came to a loss of $37.6 million;
- Gambler qwatio: profit of $26 million turned into a loss of $28.8 million.