Liquidation Hunting, Wash Trading & 50x: Inside Crypto’s Risk Machine | CryptoTownHall
The Wolf Of All Streets
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Intro
This chapter examines Coinbase's controversial choice to introduce 50x leverage on its trading platform, analyzing the potential ramifications for the cryptocurrency market. The speakers discuss historical parallels, competitive motivations, and the risks associated with high leverage, raising concerns about fostering a gambling mentality among traders.
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