#BinanceSquare #Write2Earn $SOL
#Trader loses $1.1 billion after betting on the decline of Solana using 10x leverage
A trader in the cryptocurrency market short-sold Solana (SOL) using 10x leverage, attempting to bet on its price decline.
However, prices saw a strong increase over the past few days, leading to a loss of over a billion dollars in just one trade.
Source: Binance.