A crypto whale traded with 1000x leverage on Papertrade, racking up cumulative losses of roughly $1 million.

According to TradingBeats’ monitoring, address 0x6f25...4acc has recorded a cumulative trading volume of roughly $10.301 billion on Papertrade, with historical trading losses of around $933,200 and currently holds no open positions. All 1,058 settled positions of the address utilized 1000x leverage; 37 were liquidated, leading to total margin losses of approximately 361,000 USDC, involving BTC and ETH. Separately, the address has staked about 84.98 million PAPER tokens, making up roughly 1.59% o

@tonmelonfest