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Yahoo
2 days ago
- Business
- Yahoo
Don't Be Next: How One Anonymous Whale Lost $308 Million in Minutes – The Brutal Reality of High Leverage Trading
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. In the unforgiving world of cryptocurrency trading, fortunes can vanish faster than a market flash crash. This harsh reality struck home in March 2025 when an anonymous trader, known only by their wallet address 0xf3F496C9486BE5924a93D67e98298733Bb47057c, watched $308 million disappear in what became one of the largest single liquidation events in crypto history. The numbers tell a sobering story. This whale opened a massive 50x leveraged long position on Ethereum when ETH was trading at $1,900, betting that prices would continue climbing. With their liquidation price set at just $1,877 – a mere $23 buffer – they were walking a financial tightrope with no safety net. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . When global tariff concerns triggered market volatility, ETH's price plummeted below that critical threshold. In an instant, 160,234 ETH was forcibly sold, wiping out the trader's entire position. Adding insult to injury, Lookonchain revealed that this whale had converted all their Bitcoin holdings into this single leveraged ETH trade, concentrating their entire portfolio into one catastrophic bet. Since late March, the trader's account has remained dormant on the Hyperliquid platform – a digital ghost town where $308 million once lived. Leverage trading allows investors to control larger positions than their actual capital would permit by borrowing funds. In this case, 50x leverage meant that for every $1 of the trader's own money, they controlled $50 worth of Ethereum. While this amplifies potential profits, it equally magnifies potential losses. Here's the brutal mathematics: With 50x leverage, a mere 2% price movement against your position can wipe out your entire investment. The anonymous whale needed ETH to drop only 1.2% from their entry point to face complete liquidation – and that's exactly what happened. Think of leverage like driving a sports car. In perfect conditions on a straight road, you can reach incredible speeds. But hit a patch of ice or take a sharp turn too fast, and that same power becomes your downfall. The crypto markets, with their notorious volatility, are rarely straight roads with perfect conditions. Many traders fall into the dangerous mindset of focusing exclusively on potential returns while minimizing or ignoring potential losses. This anonymous whale likely calculated the massive profits possible if ETH surged 10%, 20%, or even 50%. With 50x leverage, even a modest 10% price increase would have generated a 500% return on their investment. However, successful risk management requires equal attention to the downside scenario. Professional traders follow a fundamental principle: never risk more than you can afford to lose, and always calculate your maximum potential loss before considering potential gains. Beyond the leverage risk, this trader committed another cardinal sin of investing: putting all eggs in one basket. By converting their entire Bitcoin position into leveraged ETH, they eliminated any diversification benefits. When their single bet went wrong, they had no other positions to offset the losses. This concentration risk transforms what might have been a manageable loss into a portfolio-destroying event. Even sophisticated investors like Warren Buffett, known for concentrated bets, typically limit individual positions to 20-30% of their portfolio – not 100%. Trending: New to crypto? on Coinbase. Start Small, Learn Continuously: If you're new to leverage trading, begin with minimal amounts and low leverage ratios (2x or 3x maximum). Treat it as education, not wealth building. The 1% Rule: Never risk more than 1-2% of your total portfolio on any single leveraged trade. This whale appears to have risked everything on one position. Set Stop Losses: Always define your exit strategy before entering a trade. Know exactly how much you're willing to lose and stick to that limit. Diversify Your Bets: Spread risk across multiple positions, asset classes, and strategies. Concentration might create wealth, but diversification preserves it. Understand Market Conditions: High-leverage positions during volatile periods (like the tariff concerns mentioned) amplify already elevated risks. Professional traders often say that leverage doesn't make bad traders good – it makes bad traders broke faster. This anonymous whale's story serves as a stark reminder that in leveraged trading, you're not just competing against market movements; you're racing against time and probability. The cryptocurrency markets operate 24/7 with extreme volatility. Unlike traditional markets with circuit breakers and trading halts, crypto markets can gap dramatically within minutes. A position that seems safe can become a liquidation candidate before you even realize what's happening. The anonymous whale's $308 million loss represents more than just a number – it's a career-ending, life-altering financial catastrophe that could have been avoided with proper risk management. Their wallet remains inactive not by choice, but by necessity. Before you consider high-leverage trading, ask yourself: Can I afford to lose 100% of this investment? If the answer is no, step away from the leverage slider. The markets will always offer opportunities, but capital preservation ensures you'll be around to capitalize on them. Remember, in trading, your first job isn't to make money – it's to not lose money. Master that principle, and profits may follow. Ignore it, and you might become the next cautionary tale in someone else's risk management article. The anonymous whale thought they were on the verge of a massive windfall. Instead, they became a stark reminder that in high-leverage trading, the house edge isn't just mathematical – it's brutal, swift, and absolute. Don't be next. Read Next: A must-have for all crypto enthusiasts: . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article Don't Be Next: How One Anonymous Whale Lost $308 Million in Minutes – The Brutal Reality of High Leverage Trading originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
21-05-2025
- Business
- Yahoo
Beyond Oil Announces Closing of C$10.64 Million Brokered Private Placement Led by Israeli Institutional Investor Clal Insurance
VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 21, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce the successful closing of its previously announced brokered private placement for gross proceeds of C$10,641,615.60 (the "Offering"). The Offering, first announced on March 12, 2025, was led by Clal Insurance Company Ltd., a subsidiary of Clal Insurance Enterprises Holdings Ltd., one of Israel's largest institutional investors, and its subsidiaries ("Clal"), and an Israeli based investment fund. Both Clal and the investment fund are arm's length third parties to the Company. Research Capital Corporation (the 'Agent' or 'Research Capital') acted as sole agent and sole bookrunner for the Offering. "The successful completion of this strategic investment represents an important moment for Beyond Oil," said Jonathan Or, CEO of Beyond Oil. "Securing the backing of a major institutional investor like Clal not only validates our technology and business model but also provides us with further capital needed to accelerate our global expansion initiatives. This investment comes at a pivotal time as we continue to gain traction with major food service companies and distributors worldwide." Pursuant to the Offering, the Company issued a total of 3,042,200 units units ('Units') at a price of C$3.498 per unit (the 'Issue Price'). Each Unit consists of: One common share in the capital of Beyond Oil ('Common Shares'); One-half of a Series A Warrant, where each whole warrant entitles the holder to purchase one additional Common Share at CAD$6.00 per share until March 12, 2027; and One-half of a Series B Warrant, where each whole warrant entitles the holder to purchase one additional Common Share at CAD$7.75 per share until March 12, 2028. The net proceeds of the Offering will be used to expand and support the distribution of the Company's products as disclosed in the Company's recent press releases. In connection with the Offering, Beyond Oil has paid aggregate cash compensation of C$224,641.56. All securities issued pursuant to the Offering are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. Furthermore, as part of the Offering, the Company has undertaken with Clal that until May 21, 2028, provided that Clal owns at least 4.5% of the Company's issued and outstanding Common Shares, the Company will not issue any Common Shares at a price that is lower than the Issue Price. As previously announced, as part of the investment agreement, Beyond Oil has committed to using its best efforts to complete an uplisting to a senior exchange in Canada or the United States within the next six months. About Beyond Oil Ltd. Beyond Oil Ltd. is a food-tech innovation company with over 15 years of dedication to creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies. The Company's patented technology, with regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil's solution tackles a global issue in the food industry: the widespread practice of reusing frying oil for hundreds of cycles across several days. This practice is common in restaurant kitchens, hotels, catering services, banquet halls, fried food manufacturing plants, and institutions such as schools, kindergartens, and military facilities. Beyond Oil's product is backed by extensive research which has highlighted its value in health risks associated with reused oil, including links to cancer and cardiovascular diseases. Beyond Oil's product provides an effective means to mitigate these risks while offering additional benefits such as improved food quality, operational cost savings, and reduced environmental impact. For more information about Beyond Oil, please visit: About Clal Insurance Company Clal is a wholly owned subsidiary of Clal Insurance Enterprises Holdings Ltd., one of Israel's largest financial institutions and a leading non-banking institutional investor. Clal manages over NIS 361 billion in assets across insurance, pensions, provident funds, and investment portfolios. Publicly traded on the Tel Aviv Stock Exchange (TASE), Clal Insurance Enterprises Holdings Ltd., provides a broad range of financial services, including life, health, and general insurance, as well as credit and investment solutions. The company is rated ilAA+ by Ma'alot S&P and Aa1 (IFS) by Midroog. For more information, please visit: Forward Looking Statement and Information The Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains 'forward-looking statements' within the meaning of the securities laws, including statements regarding the anticipated size and closing date of the Offering and the intended use of proceeds thereof. Words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates' and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites. Contacts:Beyond Oil OrCEO and Co-founderPhone: +972 52-601-0680info@ ARX | Capital Markets North American Equities Deskbeyondoil@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Beyond Oil Announces Closing of C$10.64 Million Brokered Private Placement Led by Israeli Institutional Investor Clal Insurance
VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 21, 2025 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce the successful closing of its previously announced brokered private placement for gross proceeds of C$10,641,615.60 (the "Offering"). The Offering, first announced on March 12, 2025, was led by Clal Insurance Company Ltd., a subsidiary of Clal Insurance Enterprises Holdings Ltd., one of Israel's largest institutional investors, and its subsidiaries ("Clal"), and an Israeli based investment fund. Both Clal and the investment fund are arm's length third parties to the Company. Research Capital Corporation (the 'Agent' or 'Research Capital') acted as sole agent and sole bookrunner for the Offering. "The successful completion of this strategic investment represents an important moment for Beyond Oil," said Jonathan Or, CEO of Beyond Oil. "Securing the backing of a major institutional investor like Clal not only validates our technology and business model but also provides us with further capital needed to accelerate our global expansion initiatives. This investment comes at a pivotal time as we continue to gain traction with major food service companies and distributors worldwide." Pursuant to the Offering, the Company issued a total of 3,042,200 units units ('Units') at a price of C$3.498 per unit (the 'Issue Price'). Each Unit consists of: One common share in the capital of Beyond Oil ('Common Shares'); One-half of a Series A Warrant, where each whole warrant entitles the holder to purchase one additional Common Share at CAD$6.00 per share until March 12, 2027; and One-half of a Series B Warrant, where each whole warrant entitles the holder to purchase one additional Common Share at CAD$7.75 per share until March 12, 2028. The net proceeds of the Offering will be used to expand and support the distribution of the Company's products as disclosed in the Company's recent press releases. In connection with the Offering, Beyond Oil has paid aggregate cash compensation of C$224,641.56. All securities issued pursuant to the Offering are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. Furthermore, as part of the Offering, the Company has undertaken with Clal that until May 21, 2028, provided that Clal owns at least 4.5% of the Company's issued and outstanding Common Shares, the Company will not issue any Common Shares at a price that is lower than the Issue Price. As previously announced, as part of the investment agreement, Beyond Oil has committed to using its best efforts to complete an uplisting to a senior exchange in Canada or the United States within the next six months. About Beyond Oil Ltd. Beyond Oil Ltd. is a food-tech innovation company with over 15 years of dedication to creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies. The Company's patented technology, with regulatory clearances from the FDA and Health Canada, significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil's solution tackles a global issue in the food industry: the widespread practice of reusing frying oil for hundreds of cycles across several days. This practice is common in restaurant kitchens, hotels, catering services, banquet halls, fried food manufacturing plants, and institutions such as schools, kindergartens, and military facilities. Beyond Oil's product is backed by extensive research which has highlighted its value in health risks associated with reused oil, including links to cancer and cardiovascular diseases. Beyond Oil's product provides an effective means to mitigate these risks while offering additional benefits such as improved food quality, operational cost savings, and reduced environmental impact. For more information about Beyond Oil, please visit: About Clal Insurance Company Clal is a wholly owned subsidiary of Clal Insurance Enterprises Holdings Ltd., one of Israel's largest financial institutions and a leading non-banking institutional investor. Clal manages over NIS 361 billion in assets across insurance, pensions, provident funds, and investment portfolios. Publicly traded on the Tel Aviv Stock Exchange (TASE), Clal Insurance Enterprises Holdings Ltd., provides a broad range of financial services, including life, health, and general insurance, as well as credit and investment solutions. The company is rated ilAA+ by Ma'alot S&P and Aa1 (IFS) by Midroog. For more information, please visit: Forward Looking Statement and Information The Canadian Securities Exchange has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains 'forward-looking statements' within the meaning of the securities laws, including statements regarding the anticipated size and closing date of the Offering and the intended use of proceeds thereof. Words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates' and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. In addition, we cannot assure that any patent will be issued as a result of a pending patent application or, if issued, whether it will be issued in a form that will be advantageous to us. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time at Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the contents of third-party websites. Contacts:Beyond Oil OrCEO and Co-founderPhone: +972 52-601-0680info@ ARX | Capital Markets North American Equities Deskbeyondoil@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
