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TechFlow news: On May 9, according to on-chain analytics platform Lookonchain (@lookonchain), an on-chain address is shorting the Nasdaq-100 Index and the S&P 500 Index with high leverage. Its unrealized losses have already exceeded $1.9 million. To avoid forced liquidation, the address added another $1 million worth of USDC as margin nine hours ago; its current position remains in a high-risk state.
According to on-chain analytics platform Lookonchain (@lookonchain), an on-chain address is shorting the NASDAQ-100 Index and the S&P 500 Index with high leverage; its unrealized losses have already exceeded $1.9 million. To avoid forced liquidation, the address added another $1 million worth of USDC as margin 9 hours ago. Its current position remains in a high-risk state.
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