Trader places another order of over $43 million after incurring a loss of $5.88 million on a large position
2026-11-03 18:12:38
According to CoinMeta, as reported by OnchainLens, a trader reopened a long position of $43 million after closing three heavy losing trades. The specific losses were as follows: Bitcoin ($BTC) resulted in a loss of $4.4 million, HYPE suffered a loss of $1.13 million, and ZEC lost $600,000. Despite a total profit and loss of -$5.88 million, the trader still opened long positions on Ethereum (ETH) and HYPE with leverage of $43 million, with the liquidation price only 5-6% away from the current price.
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