Just got a reward and went all in? James Wynn was schooled as soon as he entered the 40x leverage market, currently facing a loss of over 100 USD.
On-chain data shows that James Wynn just received a recommended reward of 481.42 USD, and before he could even warm up his hands, he rushed into a 40x leveraged position in a large market.
So what happened? The market immediately retaliated, and currently, he has a floating loss of about 113.55 USD. He not only couldn't hold onto the reward but also ended up losing more.
This operation can be described as a **“paradigm of reward-driven FOMO”**:
On one side, there's the joy of receiving the reward, and on the other, the impulse to bet with high leverage, resulting in a harsh reality check.