In the first battle of a trader's reappearance, he suffered Waterloo:


His leverage is too high, and the liquidation price is too close. In the early morning, $BTC rebounded. To avoid hitting his $110399 liquidation price, he stopped loss and reduced his position by 166.6 BTC, losing $22 ten thousand.

After reducing his position, he has 1200 BTC remaining, and the liquidation price of the short position at ( $131 million has risen to $110455. In fact, it’s not very far, less than 3% away from the current price.
BTC-0.25%
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