Gate News bot message, A significant market participant experienced a $13.16M liquidation on their leveraged short position in PENGU (3x). Following the liquidation event, the trader established a new short position on PENGU with 2x leverage, though at a smaller scale. The total losses for this whale trader currently stand at $10.6M.
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Whale Faces $13.16M Loss on PENGU Short Position Liquidation
Gate News bot message, A significant market participant experienced a $13.16M liquidation on their leveraged short position in PENGU (3x). Following the liquidation event, the trader established a new short position on PENGU with 2x leverage, though at a smaller scale. The total losses for this whale trader currently stand at $10.6M.