A trader identified by address 0xc3ed suffered four liquidations within 14 hours on September 22, losing 375.8 BTC (approximately $32.55 million) on short positions as Bitcoin exceeded $85,000. These liquidations occurred as the trader attempted to maintain and rebuild positions against market direction. The irony is that this same trader had generated $9.26 million in profits on four winning long positions earlier in September. After the four liquidations, approximately $1.4 million remained in the account.
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