Single trade wipes out $4.96 million in profit; a trader faces over $5.5 million in floating losses on ETH short and BTC long positions

Odaily reported that according to Lookonchain monitoring, a trader is currently facing over $5.5 million in floating losses on ETH short and BTC long positions. Over the past month, the trader completed more than 100 trades with a win rate of 90%, earning $4.96 million in profit, but this single trade has erased all of those gains.