After nine consecutive wins, a certain address suffered a loss, with $1.78 million in profits evaporating and a principal loss of $117,000. Currently, it holds over $30 million in short positions.
BlockBeats News, December 3, according to monitoring by lookonchain, the trader 0xFC78, who previously had 9 consecutive wins, suffered losses in his last two trades—all of his accumulated profits of over $1.78 million have evaporated, and he even lost $117,000 of his principal.
He now appears to be engaging in "revenge trading," with the following positions opened:
BTC: 30x leveraged short position, 200 BTC ($18.75 million)
ETH: 20x leveraged short position, 5,000 ETH ($15.26 million)
Liquidation prices:
BTC: $94,721.61
ETH: $3,229.41
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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