A gambler just suffered a series of liquidations—getting liquidated 8 times for a total of 201 BTC ($15.6M)
A single trader was liquidated eight times for a combined 201 BTC, roughly $15.6 million, according to Lookonchain's on-chain tracking. The report points to forced selling from a leveraged long position. One account's losses are not market-wide, but large liquidations can add short-term downside pressure.
Read the full story on Lookonchain