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Trader who lost $4.6M on 14 straight shorts opens new BTC short

August 24, 2026, 4:57 AM
An investor who lost $4.56 million over the past five days after making 14 consecutive short bets has opened a 15th BTC short position, according to Lookonchain. The position is a 300 BTC short worth $23.13 million using 40x leverage.

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