PANews|Aug 22, 2026 09:29
[A Binance Futures Live Trading Account Liquidated BTC Short Position This Morning, Losing $3.46 Million]
According to on-chain analyst Ai Yi's monitoring, the Binance Futures live trading account 'JiuJiuJin' liquidated its position and exited the market this morning, incurring a loss of $3.46 million. The account held 250 BTC short positions, with an average entry price of $63,592 and an average closing price of $77,758.91 at 08:15 this morning. The account owner attributed the loss to mistakes such as selling spot BTC at $58,000 after buying the dip and missing the market rally, as well as failing to set reasonable stop-loss levels when shorting at $64,000.
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