Trader Evaded Margin Call by Force Liquidating Bitcoin Short, Loses $320,000

ZEC0%
BTC0%

BlockBeats News, May 24th, according to LookIntoChain monitoring, trader Evaded (@ICanPlug) realized losses by closing a Bitcoin short position, losing $320,000.

Currently, the trader still holds a long position of 53,500 ZEC, worth $34 million, and is currently at a loss of $763,000.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView All

「US-Iran Agreement Reached」 Receives Multi-party Confirmation, Crypto Market Sees Broad Rally, HYPE and Privacy Coins Lead the Rebound

Bitcoin ETF Faces 'Redemption Pressure': $1.26 Billion Withdrawn in a Single Week, Ethereum ETF Sees Outflows for 10 Consecutive Days

Coinbase Bitcoin Premium Index Records Negative Value for 8 Consecutive Days, US Market Buying Power Weakens

Hot

Coins
Price
24H Change