An address that had won 7 consecutive trades mistakenly triggered a rebound while shorting BTC, resulting in a loss of $448,000.

PANews reported on December 3 that, according to AiYi's monitoring, a high-win-rate address that had won all seven trades since November 21 made a profit of $1.046 million by shorting 205 BTC yesterday. However, it opened another short position of 500 BTC in the early morning, but encountered a rebound in the price of BTC and was forced to stop loss and exit the market two hours ago, resulting in a loss of $448,000 and ending its winning streak.

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Author: PA一线

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In the past 24 hours, a total of $193 million in contract liquidations occurred across the entire network, primarily affecting short positions.
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