📢 Massive Loss Alert on $PEPE
A trader went long on #PEPE with 10x leverage and is now facing a $3.23M unrealised loss!
▪️ Position Size: $21.6M
▪️ To avoid liquidation, they deposited $3.8M $USDC into #Hyperliquid and partially closed the trade.
🔴 Booked Loss: $1.3M
🔴 Unrealised Loss: $3.23M
Risk management is everything in leveraged trading!
Wallet Address: 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6