A trader opened a 40 fold BTC long order after losing $2.46 million on a 25 fold ETH short order and implementing a stop loss

According to Foresight News, a trader opened a short of 103 million US dollars worth of ETH with 25 times leverage at a price of 2514 US dollars yesterday. Due to the rise in ETH prices, their position was completely cut off half an hour ago, resulting in a loss of 2.46 million US dollars. Subsequently, the trader opened an additional 166 BTC at a price of $106580 with 40 times leverage of remaining funds, with a position value of $17.6 million and a liquidation price of $105510.