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WhaleWire Founder Warns of High Leverage in Current Crypto Market, Facing Potential Major Crash Risk

Summary: According to reports, WhaleWire founder Jacob King stated in a post on X that despite Bitcoin only dropping 1%, the market has seen over $360 million in liquidations in the past 24 hours, with over $100 million liquidated in the last 60 minutes. King highlighted the high leverage in the market nearing historical highs, warning ...

According to reports, WhaleWire founder Jacob King stated in a post on X that despite Bitcoin only dropping 1%, the market has seen over $360 million in liquidations in the past 24 hours, with over $100 million liquidated in the last 60 minutes. King highlighted the high leverage in the market nearing historical highs, warning of a potential major crash risk when investors rush for the exits.

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Link: WhaleWire Founder Warns of High Leverage in Current Crypto Market, Facing Potential Major Crash Risk [Copy]

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