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Binance News
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Significant Losses Reported in Crypto Trading Account
According to BlockBeats, HyperInsight monitoring has revealed that a crypto trading account known as 'Calm Order King' is experiencing substantial unrealized losses. The account holds three major short positions that have collectively resulted in a total unrealized loss of $900,000.
The positions include a 40x short on 93.73 BTC, incurring a loss of $240,000; a 20x short on 44,000 SOL, with a loss of $200,000; and a 10x short on 12,200 ZEC, leading to a loss of $460,000.
Currently, the account's balance stands at $640,000. The address associated with this account is 0x9263c1bd29aa87a118242f3fbba4517037f8cc7a.
The positions include a 40x short on 93.73 BTC, incurring a loss of $240,000; a 20x short on 44,000 SOL, with a loss of $200,000; and a 10x short on 12,200 ZEC, leading to a loss of $460,000.
Currently, the account's balance stands at $640,000. The address associated with this account is 0x9263c1bd29aa87a118242f3fbba4517037f8cc7a.
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