According to @lookonchain, a trader on the decentralized derivatives exchange HyperLiquid, known as AguilaTrades, experienced a significant financial reversal, turning a $10 million unrealized profit into a $2.5 million realized loss. The trader was caught in a leveraged long position on Bitcoin (BTC) as the price dropped 4% from a high of $108,800 to around $104,000. This incident underscores the high risks of leveraged trading in a range-bound market, as Bitcoin has been oscillating between the $100,000 support and $110,000 resistance levels since May 9, according to the source. This was not an isolated event for the trader, who reportedly lost $12.5 million on a similar BTC long trade the previous week. The analysis suggests that a simpler strategy of buying at support and selling at resistance would have been more profitable in the current market conditions.

According to AltcoinGordon, a crypto user lost $304,000 after copying a fake address from their transaction history. The scammers executed a 'dusting attack' by sending small amounts of cryptocurrency from a visually similar wallet, leading the victim to mistakenly send a large sum to a fraudulent address. This incident underscores the importance of verifying wallet addresses before transactions to prevent significant financial losses.

According to PeckShieldAlert, an address (0xa4C1...683f) has been compromised in a phishing attack, leading to a loss of approximately 1.82 million USDC. This incident highlights the ongoing risks associated with digital asset security and the importance of vigilance in safeguarding crypto assets.

According to Lookonchain, Trump's World Liberty (@worldlibertyfi) recently purchased 111 WBTC ($10M), 4,468 ETH ($10M), and 3.42M MOVE ($1.5M), adding to their portfolio 4 hours ago. Despite these acquisitions, the 9 tokens held by World Liberty are currently facing a total loss of $89M, as reported by intel.arkm.com.

According to Vitalik Buterin, numerous crypto holders have experienced significant losses due to factors such as software bugs, forgotten passwords, lost devices, and incidents like fires destroying physical wallets. These non-theft related losses underscore the importance of secure asset management and backup strategies for traders and investors. His comments suggest that traders should prioritize robust security measures and regular backups to mitigate such risks.

According to Lookonchain, an investor lost nearly $1 million on the cryptocurrency $BARRON within just two hours, largely driven by FOMO (Fear of Missing Out). It is important to note that $BARRON was not launched by the Trump family, who have only officially issued $TRUMP and $MELANIA tokens. Traders are advised to exercise caution and avoid FOMO-driven decisions.