A single trader lost 201 BTC, worth about $15.6 million, through eight successive liquidations. The wipeout occurred as a sharp Wall Street selloff rattled cryptocurrency markets. The episode shows how quickly high leverage can wipe out large positions during sudden market swings.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
