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Trader Liquidated Twice on $10.4M SOXL Longs in 4 Hours, Reopens $2.22M Position

Grade Abearish AI signal$SOXL
An on-chain analyst reported that one address was liquidated twice while taking long positions in SOXL over a four-hour period, with total reported losses of $586,000. The address opened a $5.42M SOXL long at 11 p.m. and was liquidated in less than one minute, losing $316,000. It later opened a $4.97M long at 1 a.m.; that position was liquidated two hours later for a $270,000 loss. Two minutes after the second liquidation, the address opened another SOXL long valued at $2.22M. The latest position had not been liquidated at the time of the report. The activity was described as coming from an isolated wallet.

Bullish strength: 25/100

  • Trader reopened a $2.22 million long position after liquidation

Bearish strength: 75/100

  • Large SOXL long positions liquidated twice within 4 hours
  • Two liquidations resulted in total losses of nearly $590,000

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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