The trader shorted ETH again and lost $416,000 with 7 trades in 20 hours, all of which resulted in losses.

[Chain News] On August 14, news broke that a trader has once again shorted ETH, with an open interest of 21,050 ETH (valued at 99.6 million USD), incurring a loss of 416,000 USD. In the past 20 hours, they completed 7 trades (both long and short), all resulting in losses, with a win rate of 0%, totaling a loss of 1.95 million USD.

According to previous reports, the trader made 6 operations on BTC and ETH in the early morning, losing 1.846 million USD, and is currently opening a long position on ETH.

ETH0.56%
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GmGnSleepervip
· 08-15 22:43
That's how the wealthy play.
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ValidatorVibesvip
· 08-14 17:21
rekt af... this is why we need better governance models for leverage trading tbh
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Web3ProductManagervip
· 08-14 02:46
absolutely brutal conversion rate metrics - zero wins in 7 trades. user retention at rock bottom rn
Reply0
ForkItAllvip
· 08-14 02:38
play people for suckers就完事儿了
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QuorumVotervip
· 08-14 02:24
The operator is simply a fortune bringer.
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