PANews reported on December 2 that, according to Lookonchain monitoring, trader 0xFC78, who had previously maintained a 9-game winning streak, has just closed his short positions to stop losses—he closed his short positions, incurring a loss of over $1.78 million.

He once made a profit of $2.12 million through nine consecutive winning trades, but lost more than $1.78 million in a single trade, giving back most of his gains.