🚀 Whale Faces Significant Losses in Ethereum Contract Trading
#Ethereum #ContractTrading #Losses #Whale #Leverage #Cryptocurrency #PANews #EthereumTrader
According to PANews, a trader previously known for a 100% success rate in Ethereum contract trading has experienced consecutive losses. After the fifth loss, the trader liquidated a short position valued at approximately $38.92 million with a 25x leverage, resulting in a loss of about $1.448 million. Following a transfer of $618,000 across accounts, the remaining balance in the account is approximately $573,000. Over the past week, the trader has accumulated losses totaling around $46.76 million.#Ethereum #ContractTrading #Losses #Whale #Leverage #Cryptocurrency #PANews #EthereumTrader
🚀 Ethereum Trader Faces Significant Losses After Liquidation
#Ethereum #Trader #Liquidation #Losses #EthereumTrader #FinancialSetbacks #OnChainAnalysis #YuJin #MajiDage #Crypto #Cryptocurrency #EthereumPrice #Reinvestment #CryptoLoss #ETH
According to Foresight News, on-chain analyst Yu Jin reported that a trader known as 'Maji Dage' faced substantial financial setbacks following the liquidation of their Ethereum long position. After the initial liquidation, the trader reinvested $220,000 at a price of $3,052. However, as Ethereum's value fell below $3,000, the position was liquidated again, resulting in a loss of $3.36 million. The trader's account, which originally held $3.437 million, has now dwindled to just $47,000.#Ethereum #Trader #Liquidation #Losses #EthereumTrader #FinancialSetbacks #OnChainAnalysis #YuJin #MajiDage #Crypto #Cryptocurrency #EthereumPrice #Reinvestment #CryptoLoss #ETH