An unlucky trader was liquidated eight times in the last week, according to blockchain analytics service Lookonchain. The trader, under the handle qwatio, saw a total loss of $12.5 million. In the latest liquidation on Monday, Lookonchain said qwatio was partially liquidated for an Ether (ETH) position that was leveraged by 25X. A new liquidation price was set for $2,534, and Ether has been drifting between $2,425 and $2,519 in the last 24 hours. Source: LookonchainThe Bitcoin position suffered a similar fate and was partially liquidated, with a new liquidation price set at $109,170. Only days before, on Thursday, Lookonchain said qwatio had been…
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