Jiujiu Jin liquidated its BTC short position, incurring a loss of $3.46 million
2026-08-22 17:30:24
According to CoinMeta, as monitored by on-chain analyst AI, the live trading account of JiuJiu Jin on Binance liquidated its positions this morning, incurring a loss of $3.46 million. The account held 250 BTC short positions, with an average opening price of $63,592 and an average closing price of $77,758.91 at 08:15 this morning. JiuJiu Jin acknowledged its mistakes, including missing out on market opportunities after buying into spot at $58,000 and then liquidating at $64,000, as well as not setting a reasonable stop-loss when pursuing further short positions.
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Source:Internet
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