A man lost $16 million in just two days due to leverage trading, a high-risk strategy that allows traders to borrow capital to increase their market position. While leverage can amplify profits, it also significantly magnifies losses. In this case, the manâs bets turned sour, likely due to market volatility, triggering a cascade of liquidations. With leverage, even small price movements against the traderâs position can lead to substantial losses. This situation serves as a stark reminder of the dangers of excessive leverage, especially in volatile markets like cryptocurrencies, where price swings are common and often unpredictable.#MantaRWAçæ #lost
