Trader Loses $12.5M in a Week While High-Stakes Crypto Bets Backfire

Bitcoinetherum

A merchant loses 12.5 million dollars a week, while the history of high -risk encrypted bets dates back

According to an aggressive encoding dealer, a “Qwatio” nickname in a series of great high losses, according to data on the series of Lookonchain.

Over the past week, the trader was filtered eight times, with a total loss to $ 12.5 million.

Delay setback It came on Monday, including 25x, benefit ethereum position. With ethics that struggle to keep about $ 2450, the new liquidation level for merchants is now determined at $ 2534 – near modern price actions. Fate Bitcoin Trade is now threatened with $ 109,170.

Just a few days ago, Lookonchain I put a sign of six references in less than 72 hours for the same trading. Despite a profitable chain in March – including winning the benefit of ETH and BTC, and even Mimikoin -related Mimia Trump – the last QWATIO deals took a sharp turn.

Meanwhile, the controversial trader James Wayne returned with a width of 40x on Bitcoin, targeting a large day of payment of a relatively small situation of $ 37,000. However, the path was reflected within hours, as it turned to a long time when BTC fell about $ 107,000. Where is it not strange to the severe risks – previous deals cost him hundreds of millions, including a $ 300 million ghost position earlier this month.

Amidst the volatility, one merchant is eagerly unknown. Starting from only $ 6,800, they converted it to $ 1.5 million by contributing more than 3 % of liquidity by the manufacturer on a large exchange-where it recorded $ 1.4 billion in size over two weeks.

In the high risk square in Crypto, wealth can swing quickly-not always in the direction that traders hope.

cable

author

Alexander Zervakov

CoINDoo correspondent

Alexander Zdrafkov is enthusiastic about meaning questions. He is a fluent German speaker, as he was in the encryption space for more than three years and has a monitoring of the discovery of emerging trends in the world of digital currencies. Whether submitting an in -depth analysis or preparing reports on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes it a valuable addition to the team.

Source: https:

Leave a Comment