A trader lost nearly $2.7 million in two days due to high leverage liquidation

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PANews
05-19
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PANews news on May 19th, according to Yu Jin, a high-leverage BTC long position only lasted 45 minutes, triggered a stop loss due to price pullback, and lost an additional $175,000. His total funds dropped from $2.96 million two days ago to only $250,000. Currently, he is opening a long position of 2,636 ETH at a 25x leverage when ETH price is $2,444, with a liquidation price of $2,480.

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