Trader nets $1.28 million on new 1,000x exchange Papertrade by moving Hyperliquid’s ETH prices

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A trader made a profit of $1.28 million on the new Papertrade exchange offering up to 1,000x leverage by moving ETH prices on Hyperliquid. The same wallet later lost $450,000 when 30 short positions were liquidated on Saturday night. These positions had remained open for more than three hours before being liquidated.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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