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Trader Burns $1.9M Shorting Nasdaq And S&P 500
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Trader Burns $1.9M Shorting Nasdaq And S&P 500
The financial market has witnessed another massive leveraged trade gone wrong. A trader betting heavily against the Nasdaq 100 and S&P 500 now faces more than $1.9 million in unrealized losses. The situation became even more dramatic after the trader deposited another $1 million USDC to avoid liquidation. The move immediately sparked discussions across crypto and trading communities. Many traders expected volatility after recent market rallies. …
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