Some traders are taking this to the next level, but is this trading or gambling?
This particular trader here was on a huge profit of about $35,000,000 somewhere around May 22, but then we noticed a sharp decline after hitting a peak of about $35M in profits.
From our analysis, this trader made use of high leverage, which is very bad. It’s funny how we are beginning to see a lot of people bringing huge sums of money into crypto just to blow it away.
This here is a solid reminder to our frens here that it is not everyone you see with a portfolio of thousands and millions of dollars that is a professional trader; some of them are just pure gamblers.