「Cool-headed King of Short Selling」 Receives Margin Call 31 Consecutive Times, Weekly Loss Reaches $15.3 Million

BlockBeats News, November 25th, according to Coinbob Popular Address Monitor, the "Calm Long King" opened another ZEC short position in the past half hour and added to the position to close the SOL short position. In addition, influenced by the continuous rise of BTC early this morning, the BTC and SOL short positions opened by the trader have been liquidated 31 times in a few hours, resulting in a total loss of $2.78 million. Even though the trader has continuously deposited $440,000 in collateral into Hyperliquid today, more than half of the position has been liquidated, compared to yesterday:

BTC Short Position: Position size $41.72 million to $22.05 million; Unrealized loss $1.09 million (-194%); Liquidation price $89,900;

SOL Short Position: Position size $30.89 million to $15.12 million; Unrealized loss $1.18 million (-156%); Liquidation price $142.

The trader turned a $3 million initial capital into over $30 million in two months. Previously accurately predicting market trends multiple times, attracting market attention, recently experiencing two large-scale liquidations in a row, with an account balance remaining of only $1.24 million, and a weekly loss of $15.37 million.