A trader who achieved 23 consecutive winning Bitcoin trades over the past three days, amassing $1.23 million in profits, is now facing a significant challenge. The trader recently opened a 20x leveraged short position on 1,040 BTC, valued at $70 million, which is currently incurring a loss of $874,000. The position's liquidation price is set at $70,084.9, putting the trader's recent winning streak at risk.
Trader Faces $874K Loss After 23 Consecutive Bitcoin Wins
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