A trader using the wallet 0xc3ed was liquidated four times within 14 hours on Bitcoin short positions as the price surged above $85,000, resulting in a $32.5 million loss. Previously, the trader had made $9.26 million in profits from successful long bets earlier in September. The liquidations occurred on a perpetual futures platform where leverage amplified losses as Bitcoin's price rose unexpectedly. Despite the heavy losses, the trader retained about $1.4 million, highlighting the risks of leveraged trading even for skilled traders.
The story of a trader 0xc3ed facing multiple liquidations on Bitcoin shorts is presented here with Pluang's cryptocurrency market data for context. For readers following digital assets, here is Pluang's market snapshot as of Sep 22, 2026 09:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 44 rose and 5 fell today. Notable movers include XNO (Nano) up 16.58% at Rp7.159 with 85% sell order activity, EGLD (MultiversX) up 14.50% at Rp78.542 with 71% buy orders, and DOGE (Dogecoin) up 13.92% at Rp1.776 with a near-even buy/sell split.
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