The trader who previously had 9 consecutive wins has now suffered two consecutive losses, and their BTC and ETH short positions are at risk of liquidation.
Foresight News reported, according to monitoring by Lookonchain, the trader 0xFC78, who once had a 9-win streak, has suffered losses in two consecutive trades, not only wiping out all profits of over $1.78 million, but also losing $117,000 of principal. The trader appears to be engaging in revenge trading, opening a 30x leveraged short position of 200 BTC (approximately $18.75 million) and a 20x leveraged short position of 5,000 ETH (approximately $15.26 million), facing liquidation risk.
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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.
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