Binance User Earned $ 10 Million in 24 Hours!

A Binance user earned $ 10 million in 24 hours! The crypto currency exchange Binance has announced that investor. Binance, the world's leading cryptocurrency exchange, reported today that a user earned more than $ 10 million in 24 hours. According to the news in the Koin Bulletin, this crypto investor trading futures via Binance Futures has reached the top of the leaderboard. Bitcoin (BTC), which tested the $ 19,000 level on Saturday, was hovering around $ 18,100-18,200 yesterday. On a weekly basis, the BTC / USD parity increased by more than 10 percent, while it decreased by more than 2 percent in the last 24 hours. According to the report, the prices of altcoins such as Ethereum (ETH) and XRP continued to rise on a daily basis. On the other hand, with the depreciation of cryptocurrencies such as Chainlink, Litecoin, Bitcoin Cash and the fall of BTC, the total value of the crypto money market decreased by 1.4 percent. While cryptocurrency investors continue to debate whether the decline will continue, a futures trader managed to exploit yesterday's mobility to his advantage.   Earned $ 10 Million in 24 Hours The following information was given in the news in the Koin Bulletin: “Cryptocurrency traders who trade futures take much more risk than spot traders. These investors, who face the risk of closing their positions at any time, can make a large amount of loss as well as gain a large amount of profit as a result of this risk they take.” Given this information, this investor's earnings surprised many investors. Binance, the world's leading cryptocurrency exchange, also proved how much the futures investor has made with the sharing it made yesterday evening. As can be seen in the data available on Binance Futures, a cryptocurrency investor named HabitCandleGiant earned up to $ 10 million a day thanks to his position in the market.   Risks of Futures Trading While Binance said that the said user earned around $ 11 million, current data reveal that the investor earned $ 9.5 million. The user named HabitCandleGiant became the top-earning investor in Binance Futures on a daily basis with his transactions. However, the investor who earns 10 million dollars in a day, 24.1 million on weekly basis; It is observed that it lost 22.1 million dollars on a monthly basis. This also exposes the risks of futures trading.