PANews reported on May 19 that according to Yu Jin, a high-leverage BTC long position lasted only 45 minutes, and the price correction triggered the stop loss, resulting in another loss of $175,000. His total funds dropped from $2.96 million two days ago to only $250,000. Currently, he opened another long position of 2,636 ETH at ETH price $2,444 with 25x leverage, and the liquidation price is $2,480.
A trader lost nearly $2.7 million in two days due to high leverage liquidation
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