Crypto Trader Lost $1 million in Recent Bitcoin Surge !
According to reports from March 15 dealing Bitcoin futures, Sotto, a Korean trader, lost close to $1 million.
When Sotto tried to short Bitcoin at $21,000, prices soared as a result of market turbulence and fundamental issues, liquidating his entry.
Sotto opened another short position after being liquidated and got liquidated again.
The trader ultimately suffered losses of around $1 million.