A trader made $1.1M on Ethereum short position with 50X leverage in 2 days.

From Cointelegraph

December 26, 2024 6:50:46 AM:

A trader has unrealized profits of $1.1 million and earned over $680,000 in funding fees on a short position, at risk of liquidation above $4,750.

Read more at CoinTelegraph: Ethereum shorter gains $1.1M on 50X leverage in 2 days