PANews reported on October 18th that, according to on-chain analyst @ai_9684xtpa, the Binance Futures smart money account Hanmancheol lost $1.378 million over three days shorting COAI. This included $774,000 in funding fees (collected hourly), with an average entry price of $10.79 and an average liquidation price of $18.97, resulting in a loss of $604,000. Despite winning all six contracts in the previous month, the account still couldn't offset the losses from this liquidation.