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Data: A trader with a "5 consecutive losses" closed their short position to stop losses, incurring a loss of 3.5 million dollars over three days

2026-07-04 23:03:16

According to on-chain analyst @ai_9684xtpa, a trader address that switched to shorting 22,000 ETH after four consecutive losses in long positions has cut losses one and a half hours ago, with an average opening price of $1613 and an average exit price of $1772, resulting in a loss of $3.5 million over three days.

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