BTC rebounds above $78,000, a trader liquidated 6 times within two hours

BlockBeats news, November 4th, according to Lookonchain monitoring, as BTC rebounded above $78,000, trader 0x4b62 had their BTC short positions liquidated 6 times in the past two hours, with a cumulative liquidation of 199.83 BTC, worth approximately $15.45 million.

Currently, the trader still holds a short position of 70.99 BTC, worth about $5.5 million, with a new liquidation price of $78,192.79.