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A trader was liquidated for $1 million using just 3x leverage, | Coin Signals

A trader was liquidated for $1 million using just 3x leverage, despite it being relatively low.

Many traders who believe Bitcoin will never drop below $60,000 or $50,000 are currently longing at $70,000 with 2x-3x leverage.

Be careful because market is all about stop-loss hunting.