Trader's Public Positioning Raises Concerns Over Leverage Risks

According to BlockBeats, top trader Eugene Ng Ah Sio expressed concerns on his personal channel about James Wynn's decision to open large positions publicly. Ng noted that such actions are often ill-advised, as their negative externalities tend to outweigh any positive impact. He highlighted the importance of observing how Wynn manages these substantial positions over the long term, especially given the use of 10-20 times leverage. source: https://www.binance.com/en/square/post/24723571864233?utm_source=BinanceNewsRSS