A BTC whale with 40x long leverage was liquidated three times within half an hour, turning a $4 million profit into a $238,000 loss.
BlockBeats News, October 30, according to monitoring by lookonchain, due to the market downturn, trader 0xf35a6 went all-in long on BTC, TRUMP, and ENA, and was liquidated three times within just 30 minutes, with leverage on bitcoin as high as 40x.
His account went from over $4 million in profit to a loss of $238,000.
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