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I just saw that a trader went heavily into maximum leverage... 1000 BTC and 100k SOL in long positions. We're talking about nearly 75 million in total, a pretty aggressive bet considering the current volatility.
The interesting part is that they already experienced a partial liquidation. With BTC around $77.93K and SOL at $85.91, the liquidation prices adjusted quite a bit. This kind of move with extreme leverage is exactly what can quickly knock you out of the game in these markets.
Honestly, it's a reminder of why such high leverage is dangerous. You get carried away by emotion, think you're going to explode, and end up being liquidated in a normal market movement. I've seen stories like that too many times. Leverage promises quick gains but also equally quick losses.