- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
After a winning streak of nine trades, the address made a costly mistake, with a $1.78 million profit evaporating and the principal losing $117,000. The address now holds a short position of over $30 million.
BlockBeats News, December 3rd, according to lookonchain monitoring, Trader 0xFC78, who had 9 consecutive wins, recently saw both of his latest trades end in losses — all of his previously accumulated profits of over 1.78 million USD evaporated, with an additional loss of 117,000 USD of his principal.
He now seems to be engaging in "revenge trading" with the following positions:
BTC: 30x leverage short, 200 BTC (17.5 million USD)
ETH: 20x leverage short, 5,000 ETH (15.26 million USD)
Liquidation Price:
BTC: 94,721.61 USD
ETH: 3,229.41 USD
You may also like
Block's 40% Workforce Reduction Due to 'AI Cost Reduction,' Anthropic Denies US Department of Defense Request, What Are Global Cryptocurrency Communities Talking About Today?
Why is Wall Street **Shorting** Crypto's **Poster Child** Strategy?
Beyond the Financials, Nvidia's True Risk and Opportunity
Citrini Lingering Echo
Wintermute: Cryptocurrency Volatility Plummets as Retail Investors Flock Madly to US Stocks
Bloomberg: Romania Presidential Election Meddled by Crypto Traders
WEEX P2P merchant referral program | Invite and earn up to 100 USDT each!
WEEX P2P is launching the "Merchant Referral Program" to build a stronger P2P merchant community and boost market liquidity. Refer potential merchants to join WEEX P2P and both of you can earn rewards.
Key Market Information Discrepancy on February 27th - A Must-See! | Alpha Morning Report
The Circle Beautiful Money Report: Is the True Winner of Stablecoins Not the Issuer?
Opinion: Bitcoin's 10-point Plunge Wasn't All Jane Street's Fault
Milestone AI-driven Layoff, a 50% Reduction in Force, Resulting in Unquestionable Capital Market Approval
WEEX P2P upgrade: Ad posting now available for regular users
To further improve liquidity and user participation in the P2P market and create a more open and efficient trading environment, WEEX now allows regular users to post ads on P2P. This update allows non-merchant users to post ads, opening up greater participation in the P2P marketplace.
Dovey Wan: The Great Liquidity Schism, Bitcoin May Never Keep Up with ARKK
Market Key Insights for February 26th, How Much Did You Miss?
L1 Value Capture Shrinks Significantly, ETH, SOL, HYPE Struggle to Return to All-Time High
Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…
Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…
Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…
App