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Bitcoin Bloodbath: High-Risk Trader’s $334M Short Positions Obliterated as BTC Rockets Past $123K
Bitcoin Bloodbath: High-Risk Trader’s $334M Short Positions Obliterated as BTC Rockets Past $123K
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Bitcoin just delivered a brutal lesson in leverage—and the shorts got schooled.
As BTC surged past $123,000, one overconfident trader watched $334 million in bearish bets evaporate. Poof. Gone. Another cautionary tale for those betting against the orange coin.
When will they learn? The market doesn’t care about your ‘risk management’ spreadsheets.
Meanwhile, Wall Street fund managers are still trying to explain to clients why they missed the train. Again.
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