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Major Crypto Trader Suffers $334M Liquidation in 3-Hour Wipeout
Gate News bot message, a cryptocurrency trader operating under the handle @qwatio experienced a complete liquidation of positions valued at $334 million within a three-hour timeframe. The liquidated positions consisted of 1,743 BTC ($211 million), 33,743 ETH ($102.3 million), and 15 million FARTCOIN ($20.6 million).
According to the data from Lookonchain, this incident follows a previous liquidation less than two days prior, where the same trader lost 458 BTC ($55 million), 12,147 ETH ($36.55 million), and 5.4 million FARTCOIN ($7.33 million). The trader's wallet address 0x916E has accumulated total losses of approximately $25.84 million.