Gambler @Jelitics has cashed out all his meme coin holdings to fund his gambling. He traded 12 tokens on Solana and lost money on every single one, with a 0% win rate and over $1M in total losses.

Gambler 0x396d opened a 40x long on 911.55 $BTC ($70.08M) 10 hours ago. Liquidation price: $76,308.6 This gambler has made 80 $BTC trades recently, winning 92.5% of them.

Gambler 0x004e just opened ~$81.6M in $BTC and $ETH shorts. Current positions: 20,000 $ETH ($45.69M) 500 $BTC ($35.93M) Liquidation prices: $ETH: $2,327.03 $BTC: $72,755.85

Gambler 0xff84 keeps adding to his $BTC short and now holds a 2,000 $BTC($125.37M) short, with an unrealized profit of $1.79M. He is now the largest on-chain $BTC bear. Liquidation price: $63,528.92

Gambler 0x66f8 keeps adding to his $BTC short, which has now grown to 2,136 $BTC($136M), making him the largest on-chain $BTC bear. Liquidation price: $64,592.3

Gambler 0x535e opened a 10x long on 17,137 $ZEC($9.57M) over the past 3 hours. Liquidation price: $537.56 He also placed take-profit limit orders between $545.19 and $740.37. If $ZEC rises to $740.37, he will profit 7.6M.

Gambler 0x049b opened 20x longs on 17,410 $ETH($40.07M) and 493.43 $BTC($40.01M) again. Liquidation prices: $ETH: $2,227.81 $BTC: $78,009.69 This gambler has already made $7.83M from 20x long and short trades on $BTC and $ETH.

Scottish gambler John Law was born in Edinburgh in 1671, the son of a goldsmith banker. His father died when he was a boy, and Law grew up to trade his inheritance for the card tables of London. In 1694, he killed a man named Edward Wilson in a duel, received a death sentence, and broke out of prison to flee to the Continent. He spent the next two decades gambling across Europe and studying banks. Scotland rejected his plan to fund the country with paper money. France said yes. Louis XIV died in 1715 and left the crown buried in debt, and in 1716 the Regent, Philippe d'Orléans, let Law open a bank that issued notes. Law then folded Louisiana trade, tax collection, and the royal mint into the Mississippi Company and sold shares on promises of colonial riches that nobody had found. To keep buyers coming, the bank printed notes. Shares climbed from about 500 livres in 1719 to about 10,000 by early 1720, and the word "millionaire" entered the language. Then the state enforced the fiction. After converting to Catholicism, Law became Controller General of Finances, banned most payments in gold and silver, and made it a crime to hold coin above a small sum. Citizens who wanted out of paper lost the right to leave. When holders rushed to cash in, the bank had printed far more notes than it held in coin. In May 1720, the government decreed a cut in the value of notes and shares, panic forced a reversal within a week, and crowds fought in the rue Quincampoix. Law lost his post that spring and fled France in December. He died broke in Venice in 1729. The recipe never changes: print to fund the favored project, lock the exits, and punish anyone who tries to leave with their savings.

so gamblers bet heavily on brazil elections after seeing a clear trend and thinking ez money but then got hit by an out of distribution data point. and now they are crying? you love to see it!