Lookonchain: ETH Short 0xb15b Liquidated 13 Times
Lookonchain reports that ETH short trader 0xb15b created a wallet nine days ago, deposited 1.25M USDC, and has since been liquidated 13 times for a total of 18,080 ETH worth $43.9M and $1.14M lost.
SourceAnalysis
Lookonchain flagged ETH short trader 0xb15b as the recent "king of liquidations." The wallet was created nine days ago with a 1.25M USDC deposit and immediately opened short positions in ETH.
The trader has now suffered 13 liquidations, totaling 18,080 ETH ($43.9M) wiped out and a net loss of $1.14M.
Price sits at $2369.4 on the 4h chart, pressing the upper Bollinger Band at $2374.11 while the EMA50 at $2372.28 acts as immediate resistance and the EMA200 at $2474.36 caps the broader bearish structure. RSI at 55.93 remains neutral and MACD has printed a golden cross, yet the failure to break the band suggests exhaustion that could drive a quick retracement toward the lower band support at $2299.58 before any sustained upside attempt.
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@lookonchainLooking for smartmoney onchain