Trader 0xFC78 Opens $33.4M Short Positions After $1.78M Profit Wipeout
Address 0xFC78 erased over $1.78 million in accumulated profits and lost an additional $117,000 in principal across two consecutive losing trades, on-chain data show. The trader then opened new short positions totaling approximately $33.4 million: 200 BTC ($18.75 million) with 30x leverage and 5,000 ETH ($15.26 million) with 20x leverage, lookonchain reported on December 3. Liquidation prices are set at $94,721.61 for BTC and $3,229.41 for ETH.