After a winning streak of nine trades, the address made a costly mistake, with a $1.78 million profit evaporating and the principal losing $117,000. The address now holds a short position of over $30 million.

BlockBeats News, December 3rd, according to lookonchain monitoring, Trader 0xFC78, who had 9 consecutive wins, recently saw both of his latest trades end in losses — all of his previously accumulated profits of over 1.78 million USD evaporated, with an additional loss of 117,000 USD of his principal.

He now seems to be engaging in "revenge trading" with the following positions:

BTC: 30x leverage short, 200 BTC (17.5 million USD)
ETH: 20x leverage short, 5,000 ETH (15.26 million USD)

Liquidation Price:
BTC: 94,721.61 USD
ETH: 3,229.41 USD