Trader loses 874000 yuan after winning 23 consecutive BTC trades

A trader has won 23 consecutive BTC trades in the past 3 days, with a cumulative profit of $1.23 million. Subsequently, a short position of 1040 BTC (approximately $70 million) with 20 times leverage was opened, resulting in a current loss of $874000 and a liquidation price of $70100. （Lookonchain）