On October 28, data from on-chain analysis platform Lookonchain revealed that a trader created a new wallet, 0xb15b, nine days ago, depositing 1.25 million USDC and shorting ETH. Over the following nine days, this address was liquidated 13 times, with a total of 18,080 ETH liquidated, amounting to approximately $43.9 million, resulting in an actual loss of about $1.14 million.
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