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Popular Whale Loses Big Trading ETH and SUI This Week

  • A popular whale faced significant losses this week after closing leveraged ETH and SUI positions early due to market shifts.
  • Wynn, a renowned trader, experienced losses of $3.69 million from ETH and $1.59 million from SUI in less than 24 hours, showcasing the risks of high-leverage trading.
  • Despite Wynn's losses, other whales in the market made profitable moves, with one whale pocketing $3.24 million from an ETH deposit on Binance, highlighting diverse strategies among big players.
  • After the setbacks in ETH and SUI, Wynn increased his long position in BTC with 40x leverage, indicating his continued belief in Bitcoin's potential despite facing challenges.

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