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Crypto@PANewsCN on XFiled 8 h ago

A post by @PANewsCN on X.

Open the post on XPosted by @PANewsCN on x.com

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Trader 48ClubIan, a council member of BNB Chain ecosystem group 48 Club, lost roughly $20 million on the day, pushing cumulative losses over the past 30 days past $91.36 million, according to a Binance Square post cited by PANews. Account data shared by the trader showed total asset value down about $77.86 million for the period, and the $13.5 million he deployed to add to positions was entirely wiped out. The scale of the drawdown matters because it highlights how concentrated, leveraged positioning on BNB Chain can amplify losses even for prominent ecosystem figures. Traders will be watching whether 48ClubIan cuts exposure or adds further capital, and whether the losses spill over into sentiment around BNB Chain-linked tokens and protocols.

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Named in this story

48ClubIan, 48 Club, BNB Chain (BNB), Binance Square

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