"5 consecutive losses" trader closes short position to stop loss, losing $3.5 million in three days.

BlockBeats News, July 4, according to on-chain analyst Ai Yi (@ai_9684xtpa), a trader address that had turned to shorting 22k ETH after suffering four consecutive long losses has "cut losses" and closed positions an hour and a half ago. The average entry price was $1,613, and the average exit price was $1,772, resulting in a loss of $3.5 million over three days.
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