A long position in MON worth $6.5 million was fully liquidated.
Foresight News reported, according to monitoring by Lookonchain, due to the sharp decline in MON price, the trader with address starting 0xccb5 had their entire long position of 244 million MON (worth approximately $6.5 million) fully liquidated, resulting in a loss of about $1.9 million. The trader's account is now zeroed out, losing all assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
A trader's $6.5 million MON long position was liquidated, resulting in a loss of $1.9 million.
