56 Million Dollar BTC SHORT LOSS!
🐋 A big-money trader entered a $56 million BTC short position with 20x leverage.
But things didn't go as expected...
💥 Loss: -$5.9M
💸 Funding revenue: +$808K
📉 Entry price: 93.220
📈 Current price: 104.068 $
🔻 Last 30 days: -$3.28M
🔻 In total: -$7.27M loss
⏳ Liquidation level is at $142,880 but the position is still open.
❗️ This is a living example of the risk in leveraged trading.
If the market goes up, this position could go even deeper.
Watch it, because a whale makes a sound when it sinks.