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      A newly created wallet deposited 4 million USDC and shorted 300 BTC with 30x leverage

      PANews reported on August 28, according to Lookonchain, that a newly created wallet deposited 4 million USDC and then opened a 300 BTC short position with 30x leverage. The position is worth about $23.76 million, with a liquidation price of $90,820.04.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud