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Trader Profits $3.4 Million, Then Liquidated, Resulting in $3.54 Million Loss

Summary: According to @lookonchain, a trader was liquidated due to a BTC price rebound, losing 1,057 BTC, equivalent to approximately $111 million at current prices. It is worth noting that the address was in a profitable state less than a day ago, with profits of $3.4 million, but was quickly reversed and liquidated, resulting in a ...

According to @lookonchain, a trader was liquidated due to a BTC price rebound, losing 1,057 BTC, equivalent to approximately $111 million at current prices.

It is worth noting that the address was in a profitable state less than a day ago, with profits of $3.4 million, but was quickly reversed and liquidated, resulting in a massive loss of $3.54 million, turning from profit to significant loss.

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