Trader Loses $1.1 Billion After Betting on a Decline of Currency #Solana Using 10x Leverage

A trader in the cryptocurrency market shorted Solana ($SOL ) using 10x leverage, in an attempt to bet on its price decline.

However, prices experienced a strong increase over the past few days, resulting in a loss of over a billion dollars in a single trade.

Source: #Binance

#DYMBinanceHODL #StrategyBTCPurchase #NODEBinanceTGE