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Trader's first defeat, position squaring losses of more than $1.78 million

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2025-12-02 15:34:37
According to Lookonchian monitoring, the trader who made 9 consecutive profits just stopped losses and squaring 500 BTC short orders with 40 times leverage at a loss position of more than $1.78 million.
It made a cumulative profit of $2.12 million on nine consecutive winning trades, but this time it lost more than $1.78 million on a single trade, nearly erasing most of its previous gains.
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