🔥A notable crypto trader faced substantial liquidations, underscoring the volatility in the market that may impact investor sentiment.🔥

According to Odaily, data from Hyperbot indicates that a prominent crypto trader experienced four liquidations within the past hour. The trader's long position in perpetual contracts decreased from 4,500 ETH to 1,863 ETH, with the current position valued at approximately $5.73 million. The leverage used was 25x, with an entry price of $3,106.23 and a liquidation price of $3,061. The current marked price stands at $3,075. This week, the trader has incurred losses amounting to $4.79 million.