The "King of Calm Trading" suffered 10 consecutive liquidations of his long positions, resulting in a loss of approximately $12.92 million.
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TL;DR
Trader 'Calm Order King' faced 10 consecutive liquidations on ETH, SOL, UNI, and HYPE long positions, losing about $12.92 million. His account dropped from $68M to $5.8M, but he still holds a $5.8M SOL position with a floating loss and maintains a $2.8M profit from an initial $3M investment.
Tags
Calm Order Kingliquidationcryptocurrencytrading lossETH SOL UNI HYPE
According to Mars Finance, on November 21st, monitoring by the on-chain AI analysis tool CoinBob (@CoinbobAI_bot) showed that the long positions in ETH, SOL, UNI, and HYPE held by the trader "Calm Order King" were liquidated 10 times in a short period. Except for SOL, which still had a remaining position of $5.8 million, all other positions were liquidated or stopped out, reducing the account's total holdings from $68 million to $5.8 million. The current SOL position has a floating loss of $930,000 (-318), with a liquidation price of $121. This trader turned a $3 million initial investment into over $30 million in two months. His accurate predictions of market trends attracted market attention, and even after this large-scale liquidation, he still has a profit of $2.8 million.