A trader suffered multiple short liquidations, losing over $3 million.
According to Jinse Finance, Onchain Lens monitoring shows that a sudden small rally caused a trader to have multiple short positions liquidated, resulting in losses of over $3 million, with the remaining positions being forcibly closed. Subsequently, the trader opened 10x short positions on ZEC (Zcash) through three wallets, with a total contract value of $48.47 million and a current floating profit of $3.36 million.
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