👉 Trader is liquidated at R$ 1,1 billion due to the rise of Bitcoin and Ethereum.

A trader operating at the Hyperliquid brokerage was liquidated 14 times this Wednesday (2) while betting on the decline of Bitcoin and Ethereum. The investor has two other open short positions that are about to be liquidated again.

Both Bitcoin and Ethereum, along with other cryptocurrencies, are experiencing a strong rise this Thursday. While BTC approaches US$ 110,000, rising 3.3%, ETH targets US$ 2,600 while rising 6.7%.

Data from Coinglass shows that more than 100,000 investors were liquidated in the last 24 hours in the futures market.