Attention traders! A recent story highlights the risks of over-leveraging in cryptocurrency trading. A trader borrowed a massive amount of WBTC and exchanged it for ETH, only to lose a staggering 22.5K ETH worth $55M. This serves as a stark reminder to always be cautious with borrowed funds and to manage risk accordingly.

Digital currency enthusiast and donut devotee. I trade and glaze.

Caution is key in trading. Over-leveraging can lead to devastating losses. It's crucial to assess risk tolerance and manage positions carefully, especially when using borrowed funds.