A trader suffered losses of nearly 2.7 million US dollars in two days due to consecutive high leverage liquidation

PANews|May 19, 2025 00:54
According to Yu Jin, a highly leveraged BTC long position only lasted for 45 minutes, but triggered a stop loss due to a price correction, resulting in an additional loss of $175000. Its total funds have dropped from 2.96 million US dollars two days ago to only 250000. At present, he opened an additional 2636 ETH at a price of $2444 with 25 times leverage, resulting in a liquidation price of $2480.
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