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High-Leverage Wipeout: Whale Turns $2.96M into $250K in Just 48 Hours! High-Leverage Wipeout: Whale Turns $2.96M into $250K in Just 48 Hou 48This is a compelling and cautionary tale, perfectly highlighting the brutal realities of high-leverage crypto trading. If you're planning to share or post this, here's a slightly polished version to enhance readability and engagement: --- High-Leverage Wipeout: Whale Turns $2.96M into $250K in Just 48 Hours In one of the most dramatic trading collapses in recent memory, an Ethereum whale with wallet address starting 0xcddf has lost over 90% of their capital in just two days — a stark reminder of the dangers of emotional and over-leveraged trading. According to on-chain analyst Yujin, it all began on May 18, when the trader opened a massive short position on ETH: 41,851 ETH at $2,514 Using 25x leverage Liquidation price: $2,525 Just $11 above the entry point — an incredibly narrow margin. Unfortunately, ETH surged, liquidating the position and incurring a $2.46 million loss. Ironically, ETH dropped shortly after he was wiped out. In a desperate bid to recover, the whale flipped bullish on BTC, opening a $17.6M long at $106,580 with 40x leverage. Within 45 minutes, BTC moved against him and the trade was liquidated — leaving him with just $250,000. Still undeterred, the trader jumped back in with another ETH short at $2,444, again using 25x leverage. The community dubbed it the “punching bag strategy” — constantly switching positions, yet always on the wrong side. The takeaway? High leverage can amplify gains — but it devastates mistakes. And in volatile markets, emotionally driven decisions can destroy portfolios. --- Lesson of the Day: Respect risk. Stay rational. Don’t let losses chase you into deeper ones. #cryptouniverseofficial rypto trading #SaylorBTCPurchase LeverageTrading #BinanceNews #MastercardStablecoinCards #RiskManagement --- Let me know if you'd like this tailored for a particular platform like X (Twitter), Reddit, or LinkedIn.

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Ethereum(ETH) Drops Below 2,600 USDT with a 2.33% Decrease in 24 Hours

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Bitcoin(BTC) Drops Below 110,000 USDT with a 0.76% Decrease in 24 Hours

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BNB Drops Below 680 USDT with a 0.90% Decrease in 24 Hours

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Falcon Finance Reports Reserve Assets and Stablecoin Circulation

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PancakeSwap v3 Achieves Record Weekly Trading Volume on BNB Chains

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