X @Lookonchain

Trading Activity - A trader (0xFa5D) initially closed a $ETH long position with a $3.55 million loss [1] - The same trader then re-entered the market, using 15.66 million $USDC to open a short position on $ETH with 10x leverage [1] Market Risk - High-leverage trading carries substantial risk, as demonstrated by the trader's initial $3.55 million loss [1] - The trader's subsequent attempt to recoup losses with even higher leverage (10x) further amplifies the risk [1]