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Trader Faces Over $1.9 Million Loss from High-Leverage Short on Nasdaq 100 and S&P 500

On May 9, according to monitoring by Lookonchain, this trader has incurred a floating loss exceeding $1.9 million from high-leverage shorts on the Nasdaq 100 and S&P 500 indices. Nine hours ago, he transferred 1 million USDC to add margin and avoid liquidation.

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