Trader Liquidated 12 Times As Bitcoin Rises

A market recovery triggered another liquidation event for trader James Wynn, who experienced 12 liquidations within the last 12 hours. Wynn had previously endured 45 liquidations over the past two months. He had recently managed a profitable trade, but opted to increase his position instead of taking profits. This resulted in a fresh wave of liquidations following a sudden price increase.

After the latest losses, Wynn’s account balance has dwindled to $6,010. Known on social media as “@JamesWynnReal,” Wynn has previously made headlines for similar losses resulting from aggressive leveraged trading.

The recent events have brought the risks associated with high leverage back into focus. Experts advise investors to limit risk rather than increase positions, especially during volatile periods.

Increased leverage in the cryptocurrency market means even small price fluctuations can lead to significant losses, a reality demonstrated by Wynn’s experience.

2 Ayda 45 Defa Tasfiye Olmuştu: Bitcoin Yükselince 12 Kez Daha Likidite Oldu! Kripto piyasasındaki toparlanma, trader James Wynn’in yeniden tasfiye olmasına neden oldu. Wynn son 12 saatte tam 12 kez likidite oldu.

Son iki ayda 45 farklı tasfiye yaşayan James Wynn, sonunda kazançla kapattığı bir işlem yapmayı başarmıştı.

Source: koinbulteni.com

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.