An address was liquidated twice within 4 hours after taking long positions on a semiconductor index, losing nearly $600,000 and continuing to open long positions.

BlockBeats news, October 23 - According to Ember monitoring, a certain address went long on SOXL twice within 4 hours from last night to early this morning and was liquidated both times, but still continued to open long positions.

At 11 PM last night, the address opened a long position in SOXL worth $5.42 million, and was liquidated in less than a minute, losing about $316,000; at 1 AM today, it again opened a long position in SOXL worth $4.97 million, and was liquidated 2 hours later, losing about $270,000; just 2 minutes after the second liquidation, the address continued to open a long position in SOXL worth $2.22 million, which has not yet been liquidated.