@digitalascension.grou.p: He turned one stake into a $2 billion bet... then it vanished . A crypto billionaire took his ETH, borrowed against it at 90%LTV, took that stablecoin and borrowed against it again at 90%, then dumped over $2 billion into a 20% yield. The interest on the debt was only 3 to 4 percent , so on paper it printed. Recursive leverage feels like free money right up until the asset you're standing on disappears. The only person jake has ever watched roll it all and survive is Elon, and even he nearly went bankrupt. What's the most leverage you'd ever take on? #xrpcommunity #usa #money #fyp

Digital Ascension Group
Digital Ascension Group
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Friday 12 June 2026 22:58:21 GMT
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