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TechFlow News: On May 5, according to Lookonchain monitoring, trader 0x004e closed a short position of 700 BTC (approximately $56.68 million) one hour ago, incurring a loss of $1.94 million. Prior to this, the trader had executed 11 BTC short positions—all profitable—accumulating total gains of $1.71 million. However, this single loss completely erased all previous profits.
The wallet address is:
0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8
According to Lookonchain, one hour ago, trader 0x004e closed a short position of 700 BTC (approximately $56.68 million), incurring a loss of $1.94 million. Prior to this, the trader had executed 11 BTC short positions, all of which were profitable, accumulating total gains of $1.71 million. However, this single loss completely erased all previous profits.
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