It was yesterday on X i knew that people truly have plenty of money to waste on this space, imagine losing $1 Million on $BTC future just in a week
This was supposed to be $100 million. He managed to turn $4 million into the $100 million and lost it all in that trading activity
The dude is in net profit from trading, he only used a much higher leverage on that trade and somewhat got liquidated.
Adding to this, he's gone long on PEPE with $12 million only hours after loosing the said $100 million
People do only focus out on loses and thats not shocking news and with these lets say billionaires or millionaires wont be that having that new situation or condition that being liquidated. They've been getting used to with these kind of scenarios. It is just that they are getting that much attention just because of the amount which is involved with these positions with high leverage. People are way that too sensitive when it comes into this aspect but actually they are that getting used to it.