According to Lookonchain, on June 8, AguilaTrades created a new wallet and moved $39.18 million USDC from Bybit to Hyperliquid for BTC perpetual trading. Within just two weeks, his account balance dropped to $4.09 million, resulting in a loss of over $35 million. This significant loss highlights the high risk of perpetual BTC trading on decentralized platforms and may affect market sentiment regarding both Hyperliquid and Bybit user strategies. Crypto traders should remain cautious about volatility and risk management, especially when moving large capital between exchanges (Source: Lookonchain, Twitter, June 23, 2025).

According to Lookonchain, a crypto trader lost $111,000 in less than five minutes after making a FOMO-driven purchase of $POPE with $200,000 USDC. Immediately following the buy, $POPE's price dropped sharply, forcing the trader to panic-sell for just $89,000. This incident highlights the significant risks of FOMO trading and the volatility of meme coins like $POPE, emphasizing the importance of disciplined entry strategies for short-term traders (source: Lookonchain, May 3, 2025).