BNB$663.12+0.34%BRENT$93.95+0.18%BTC$74,757+1.50%COPPER$6.51+0.71%DJI$52,759-1.32%DOGE$0.0822+1.33%DXY98.75-0.15%ETH$2,356+0.88%GOLD$4,526+0.23%NDX$29,213-0.72%SILVER$68.39+0.46%SOL$88.47+0.45%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$663.12+0.34%BRENT$93.95+0.18%BTC$74,757+1.50%COPPER$6.51+0.71%DJI$52,759-1.32%DOGE$0.0822+1.33%DXY98.75-0.15%ETH$2,356+0.88%GOLD$4,526+0.23%NDX$29,213-0.72%SILVER$68.39+0.46%SOL$88.47+0.45%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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Trader Loses $24 Million on Ether Amid Price Surge

Key takeaways

  • A trader who previously profited $49 million from shorting crypto faced a $24 million loss on ether in just 12 seconds due to a rapid price increase.

Analysis

A trader who previously profited $49 million from shorting crypto faced a $24 million loss on ether in just 12 seconds due to a rapid price increase.

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