As Expected, Complete Liquidation — $13.15M Loss on $PENGU Short, Yet Still Not Backing Down

It finally happened. The wallet 0x670d84e3fe337ce955fd5f5b694f246635caf6e0 saw its massive 3x short position on #pengu completely liquidated last night at 9 PM, locking in a brutal $13.15 million loss.

But rather than walking away, the trader is back at it again — this time opening a new 2x short position on #PENGU from a smaller account, valued at $520,000. As of now, the trade is already in the red, with a floating loss of around $100,000.

Even after getting wiped out, this wallet clearly hasn’t given up on trying to short PENGU — for better or worse.