Whale Faces Significant Losses in Ethereum Contract Trading

According to PANews, a trader previously known for a 100% success rate in Ethereum contract trading has experienced consecutive losses. After the fifth loss, the trader liquidated a short position valued at approximately $38.92 million with a 25x leverage, resulting in a loss of about $1.448 million. Following a transfer of $618,000 across accounts, the remaining balance in the account is approximately $573,000. Over the past week, the trader has accumulated losses totaling around $46.76 million.