Gamblers never learn—they still prefer high leverage. 0x422 | lookonchain on Binance Square

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Gamblers never learn—they still prefer high leverage.
0x4227 sold his $BTC spot and opened a 40x leveraged long on $BTC, with a position of 970 $BTC($103M).
This gambler has already lost over $6M on perps.
https://hyperdash.info/trader/0x4227dd2957741385fe73ec2f318bb3e330ee1cc5

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Gambler 0x916E got partially liquidated again! In just 2 days, he was liquidated 3 times, with a total loss of more than $8.2M. New liquidation price: $BTC: $108,473.8 $ETH: $2,457.2 https://x.com/lookonchain/status/1937677900884640035

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Why has $BTC surged so sharply over the past 2 days? Most of the buying came from #ProCap BTC, which purchased 4,932 BTC worth $514.5M. On June 23, they announced a $1B merger and had raised more than $750M. https://x.com/APompliano/status/1937123498624684246 In less than a day, they spent $386.5M to buy 3,724 $BTC at an average price of $103,785, causing $BTC to spike nearly 5%. https://x.com/APompliano/status/1937519817767936038 Just now, they announced that they bought another 1,208 $BTC($128M) at an average price of $105,977. https://x.com/APompliano/status/1937861252417544653

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While many companies are buying $BTC, early #Ethereum ICO participants are dumping $ETH. 0xe927 sold 4,000 $ETH($9.7M) in the past hour. He received 100,000 $ETH (costing $31K, now worth $243M) at Genesis. The ETH ICO price is ~$0.31. https://etherscan.io/address/0xe927014c31936c25e9242a382f4466f55a3f1c0e

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While many companies are buying $BTC, early #Ethereum ICO participants are dumping $ETH. 0xe927 sold 4,000 $ETH($9.7M) in the past hour. He received 100,000 $ETH (costing $31K, now worth $243M) at Genesis. The ETH ICO price is ~$0.31. https://etherscan.io/address/0xe927014c31936c25e9242a382f4466f55a3f1c0e

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Gamblers never learn—they still prefer high leverage. 0x4227 sold his $BTC spot and opened a 40x leveraged long on $BTC, with a position of 970 $BTC($103M). This gambler has already lost over $6M on perps. https://hyperdash.info/trader/0x4227dd2957741385fe73ec2f318bb3e330ee1cc5

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