Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale

From Bitcoin.com News

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Bitcoin.com News • May 5, 2026 at 11:00 • Bitcoin
A trader closed a 700 bitcoin short position on Tuesday at a $1.94 million loss, erasing all $1.71 million in profits from 11 consecutive winning trades in a single position gone wrong. Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased […]...

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