Recently, an affiliated address of 1kx Ventures took a significant long position on ENA, leveraging it by a factor of ten. However, this bold move did not go as planned. During a recent downturn in the market, the position was liquidated, resulting in substantial losses. This incident highlights the inherent risks associated with high-leverage trading strategies, particularly in volatile market conditions. The liquidation serves as a reminder of the unpredictable nature of financial markets and the potential consequences of aggressive investment tactics.
