Fresh Wallet Suffers Repeated Liquidations Totaling $1.11M in Losses

A newly active wallet identified as 0xb15b has taken severe damage in the current derivatives market enduring another five liquidations over the past hour This brings the wallet's total realized losses to $1.11M across just two days of aggressive trading

On-chain trackers note that the same address previously faced massive liquidations involving over 8,100 ETH valued near $19.78M during broader market volatility.

When high-leverage positions collide with sudden trend shifts even massive capital deployment gets wiped out in hours Are you seeing traders overleveraging into this support zone

Source: Lookonchain

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