Cumulative trading volume reached 10.301 billion USD, a whale using 1000x leverage suffered a loss of 933,200 USD

Odaily reports — A whale has a cumulative trading volume of approximately 10.301 billion USD, with historical trading losses of about 933,200 USD, and currently holds no positions. All 1,058 settled positions of this whale used 1000x leverage, of which 37 were liquidated, resulting in cumulative margin losses of approximately 361,000 USDC, involving Bitcoin and Ethereum. Meanwhile, this whale staked approximately 84.98 million PAPER tokens, accounting for about 1.59% of the platform's total staked amount, and has claimed approximately 223,900 USDC in cumulative rewards.