Traders lost $892,000 in on-chain trading, with a win rate close to zero.

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SoSo Daily May 10 | Coinbase announces the launch of 24/7 Bitcoin and Ethereum futures trading, following the $2.90 billion acquisition of Deribit.

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PANews

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Jan 24, 2025

A trader lost $892 thousand in on-chain transactions over the past two days, with a win rate of almost zero. According to a report by PANews on January 24, monitoring by Lookonchain revealed that the trader withdrew 4,248 SOL (approximately $1.06 million) from a centralized exchange (CEX) to the blockchain and participated in trades of 13 different tokens. Only one trade was profitable, yielding $231, while the rest resulted in losses, totaling a loss of $892 thousand. He lost $456 thousand on ALON and $254 thousand on VINE.

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