A trader closed their $56.68 million Bitcoin short position, incurring a loss of $1.94 million.

Mars Finance News, according to Lookonchain monitoring, a trader stopped out of their $56.68 million Bitcoin short position an hour ago, incurring a loss of $1.94 million.
In addition, this trader had previously shorted Bitcoin 11 times, with a total profit of $1.71 million.
This loss this time wiped out the profits from the previous 11 trades.

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