A trader lost $2.387 million in swing trading WBTC over the past 50 days
According to a report by Jinse Finance, Lookonchain monitoring shows that trader 0x5966 has conducted four swing trades with WBTC over the past 50 days, three of which ended in losses, resulting in a total loss of $2.387 million. If he had bought 54 WBTC (worth $5.18 million) at $96,152 each on May 1 and held onto them, he would now have made a profit of $483,000.
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Data: In the past 24 hours, total liquidations across the network reached $268 millions, with long positions liquidated for $174 millions and short positions liquidated for $93.5061 millions.
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