Bitcoin Price Drop Triggers $1.3 Million Loss for Trader
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币界网报道：Bitcoin's sudden price drop below $60,000 triggered over $1.3 million in losses for a trader who leveraged long positions with 5x margin. The trader had accumulated 47 BTC in perpetual contracts on Binance before the flash crash liquidated their holdings. Market analysts note increased volatility as Bitcoin tests key support levels, with liquidations exceeding $300 million across exchanges in 24 hours. While some view this as a healthy correction, others warn of potential further downside if the $58,000 support fails to hold. The incident highlights risks of high-leverage trading during periods of heightened market uncertainty.
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