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    Traders Lose Tens of Millions on Futures Liquidations

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    Lookonchain analysts published the losses of traders who used high leverage on the HyperLiquid platform.

    Although many of them started with tens of millions of dollars in profit, most subsequently lost everything and even ended up in the red.

    Lookonchain cited the examples of seven traders, each of whom at some point recorded multimillion-dollar profits, but later made a significant loss:

    • Machi Big Brother: from a profit of $44.8 million, he went down to a loss of $14.9 million;
    • 14-win-streak trader: from a peak of $33 million, he went into the red by $30.2 million;
    • James Wynn: had $87 million and ended up with a loss of $21.9 million;
    • Aguila Trades: from $41.7 million, it ended up losing $37.6 million;
    • Gambler qwatio: a $26 million profit turned into a $28.8 million loss.

    In addition, experts noted that the trader suffered more than $45 million in losses. Another user increased his deposit from $125,000 to $43 million, but then lost everything and even more – a loss of $180,000.

    “Stay away from high leverage trading. At first, it can bring big profits, but in the end, it will destroy everything you have earned,” Lookonchain said.

    Earlier, we reported that a trader lost $4 million in profit in 30 minutes on futures trading.

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