Binance Trader Liquidates BTC Short Position with $3.46 Million Loss
On-chain analyst Ai Yi reported that a Binance futures account closed its BTC short position this morning, realizing a loss of $3.46 million. The trader held 250 BTC short with an entry price of $63,592 and exited at $77,758.91, citing errors in stop-loss management and missed market timing.