Cryptocurrency Market Fluctuations Impact High-Leverage Trades

According to Odaily, Hyperbot data reveals that a trader known for a 25-trade winning streak, identified by the address 0x9263, has recently opened a 10x leveraged short position on ZEC, holding 9,242 ZEC with a liquidation price of $718.7. This position is currently showing a profit. However, due to a rebound in the cryptocurrency market today, the trader's 40x leveraged Bitcoin short position and 20x leveraged SOL short position have shifted from profit to loss, with an overall unrealized loss exceeding $2.5 million. The liquidation prices for these positions are $90,700 and $138.2, respectively. The trader, known as a whale, had achieved a 25-trade winning streak during recent market volatility, but faced forced liquidation of long positions last Friday due to a brief market crash, ending the streak.