High leverage successive liquidations, a trader lost nearly 2.7 million dollars in two days

A high-leverage BTC long position lasted only 45 minutes, triggering a stop-loss due to price correction, resulting in an additional loss of 175,000 dollars. His total capital dropped from 2.96 million dollars two days ago to only 250,000 dollars. Currently, he opened a long position of 2636 ETH at a price of $2444 with 25x leverage, with a liquidation price of 2480.

#ETH Ethereum is being washed back and forth, and there is a large wave of shorts waiting to be liquidated. Today's market is a bit nauseating, but we profited from both long and short positions.