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Leverage Can Be Brutal
Crypto Lifestyle
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Tate isn’t alone—high leverage on decentralized exchanges can destroy fortunes quickly:
James Wynn: lost $23M, left with $6,010
Qwatio: lost $25.8M on shorts
0xa523: lost $43.4M in one month
Lesson: Leverage amplifies both gains and losses. Even well-known traders aren’t immune to crypto volatility.
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Leverage gives power, but one wrong move can flip everything instantly.
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