Latest News and Articles about Liquidation
Ethereum Whale Loses $306M on Hyperliquid: The Perils of 50x Leverage
Ethereum Whale’s $306M Liquidation: A Cautionary Tale of High Leverage A crypto whale betting heavily on Ethereum (ETH) suffered a staggering $306.85 million loss due to a massive liquidation event on Hyperliquid. The trader, using 50x leverage, saw their position wiped out when ETH’s price plummeted below the critical liquidation level. This incident serves as […]
Read MoreZero Edge Crypto Casino Collapses: Founder Loses $3.7M in Reckless Bets
Zero Edge Crypto Casino Enters Liquidation After Founder’s Reckless Gambling Spree In a shocking turn of events, Zero Edge, a promising crypto casino, has collapsed into liquidation after its founder Richard Kim lost nearly $3.7 million of the company’s seed funding in a series of high-risk crypto bets. What started as a minor phishing scam […]
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