Whale Suffers Major Losses in Ethereum Contract Trading

A prominent Ethereum contract trader, previously known for a flawless 100% success rate, has suffered significant consecutive losses. After five successive trades resulting in losses, the trader liquidated a short position valued at approximately $38.92 million using a 25x leverage, resulting in a loss of around $1.448 million. Following a transfer of $618,000 across accounts, their remaining balance stands at approximately $573,000. Over the past week, these losses have reached a staggering total of approximately $46.76 million.