Smart money Hanmancheol's real-time short position on COAI went bankrupt, resulting in a loss of over $1.37 million in three days.

According to on-chain analyst Ai Yi, Binance's real-time smart money account, Hanmancheol, continuously shorted the COAI token over three consecutive days, paying a total of $774,000 in funding fees, with an average entry price of $10.79 and an average liquidation price of $18.97, resulting in a loss of $1.378 million. The account had previously made profits on six futures contracts this month, but this still failed to offset the losses from the liquidation.