A certain crypto address was liquidated twice while going long on the semiconductor index within four hours, and continued opening long positions after losing nearly $600,000.
46 minutes ago
According to YuEmber Monitoring, a wallet address went long on SOXL twice and was liquidated both times over four hours from last night to early this morning, yet continued opening long positions. At 11 PM last night, the address opened a long position worth $5.42 million in SOXL, which was liquidated less than a minute later, resulting in a loss of around $316,000. At 1 AM today, it opened another long position worth $4.97 million in SOXL, liquidated two hours later, with a loss of roughly $270,000. Just two minutes after the second liquidation, the address opened a new long position worth $2.22 million in SOXL, which has not been liquidated as of now.
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