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Crypto Trader 0x47A7 Faces $500K Loss on $ASTER Short Position
Gate News bot message, a trader identified as 0x47A7 opened a short position on $ASTER with 3x leverage, resulting in a loss exceeding $500,000.
To maintain the position and prevent liquidation, the trader deposited 2.3 million $USDC as additional margin. Following this deposit, the liquidation price was set at $2.09.