A trader identified as 'gud.hl' incurred significant losses after a series of trades involving Uniswap's UNI token. On November 11, the trader purchased 256,000 UNI tokens, valued at approximately $2.4 million, driven by FOMO (fear of missing out). However, within 30 minutes, the trader sold the tokens, realizing a loss of $69,400. Following the initial loss, 'gud.hl' attempted to recoup by shorting UNI with a 10x leverage. This strategy has not yet paid off, as the trader is currently experiencing a floating loss of $8,500. The situation highlights the risks associated with high-leverage trading and impulsive market decisions.