Unknown trader swallows $55 million loss in wake of crypto market crash

The recent crypto market crash has led to double-digit losses of more than $55 million for an unknown crypto trader on Binance. Coinglass data showed that the trader traded Ethereum (ETH) against the embattled stablecoin Binance USD (BUSD). Per the data, the position was liquidated at $1,434, containing more than 38,000 ether tokens. The position...

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