Trader 0x50b3: Liquidations Erase $6.75M Profits
Trader 0x50b3 lost $1.78M on ETH short and BTC long after peaking at $6.75M gains despite 90% win rate across 100 trades.
SourceAnalysis
Trader 0x50b3 suffered four partial liquidations on an ETH short and BTC long that erased $6.75M in peak profits, leaving the account down more than $1.78M.
Over the past month the trader executed more than 100 positions with a 90% win rate and booked $4.96M in net gains before this single trade wiped the slate clean.
At $1694.01, ETH price tests upper Bollinger resistance at $1668.3 while the MACD golden cross at 15.01 signals sustained bullish momentum; a healthy pullback toward the EMA50 support at $1614.77 appears probable before any further advance, especially with RSI(14) still neutral at 66.59.
Lookonchain
@lookonchainLooking for smartmoney onchain