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Leveraged Bitcoin Holders get liquidated in SEC BItcoin ETF Approval Hack

• I read with great sadness the articles about the SEC Twitter or X account hack, and the absence of 2FA protection. It is unfortunate.
• I feel sad for the investors who lost all their money in the volatility of price which occurred.
• Yet with Bitcoin up 180% on the year, was the leverage really necessary or wise?
• We holders of BItcoin are making great gains just holding it 1:1, but others have decided to leverage thir owned BItcoin to buy more Bitcoin, but that creates a vulnerability where you could lose all your Bitcoin..and thats what happened to investors to the tune of 18 million dollars in one day.

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But you know greed is it's own reward.

Posted Using InLeo Alpha