This guy’s $32.72 million ETH short position was completely liquidated last night, resulting in a loss of $1.11 million in just 2 days.
◎ On the 19th, he went all-in on leverage to short 13,830 ETH ($32.72 million) at $2,366. A few hours later, ETH began to rebound, liquidating his position.
◎ He didn’t set a stop-loss. Instead, yesterday afternoon, when ETH pulled back to $2,387, he added to his short position.
◎ Ultimately, all of his short positions were liquidated last night as ETH rebounded. He started with $1.25 million in capital, but after placing just one trade, was left with only $140,000.
Address: 0xb15b229203c383abf143b409e53315788e18dbae
◎ On the 19th, he went all-in on leverage to short 13,830 ETH ($32.72 million) at $2,366. A few hours later, ETH began to rebound, liquidating his position.
◎ He didn’t set a stop-loss. Instead, yesterday afternoon, when ETH pulled back to $2,387, he added to his short position.
◎ Ultimately, all of his short positions were liquidated last night as ETH rebounded. He started with $1.25 million in capital, but after placing just one trade, was left with only $140,000.
Address: 0xb15b229203c383abf143b409e53315788e18dbae