A trader holding a highly leveraged long position on BTC and ETH was stopped out, incurring a cumulative loss of $4.34 million this round.

According to on-chain analyst Ai Yi (@ai_9684xtpa), address 0x30a…6393e has exited its highly leveraged long positions on BTC and ETH via stop-loss. The address previously held $110 million worth of BTC longs. At the overall market bottom early this morning, it had only $184 of margin space before liquidation, but ultimately avoided a wipeout following a market rebound. Four hours ago, the address closed 1,821.84 BTC, incurring a $3.26 million loss. Combined with a $1.08 million loss on its ETH positions, the total loss for this round amounts to $4.34 million.