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Trader With 23-Win Streak Opens 1,040 BTC Short at 20x Leverage, Down $874,000 on June 3

Derivatives Data

2026-06-03 08:04:27

BTC-3.79%

According to Lookonchain, on June 3, a trader with a 23-trade winning streak over the past three days opened a 1,040 BTC short position with 20x leverage, valued at $70 million. The position is currently down $874,000, with a liquidation price at $70,084.9.

The trader had accumulated $1.23 million in profits from prior BTC trades before entering the new short position.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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