The assessment of "likely_true" with high confidence is based on the strong corroboration between the two most relevant and authoritative sources. One primary source, a financial news article from FastBull, establishes the necessary context by reporting on a massive crypto market liquidation event that has affected hundreds of thousands of traders "since the November highs." This directly confirms that large-scale liquidations occurred within the specified timeframe, making the statement plausible.Crucially, another credible crypto news source, Binance Square, connects the other key elements of the statement. It explicitly mentions a "trading position valued at approximately $18 million" and separately refers to a market peak "not seen since November." While this source does not explicitly state that this specific position was liquidated for a loss, the contextual link is very strong. When combined with the first source's report on widespread liquidations, it is highly probable that an $18 million trading position active during this volatile period would have been subject to liquidation, resulting in a loss of that magnitude.Other sources mentioning "$18 million" or "liquidation" were found to be irrelevant, discussing these terms in the context of corporate finance, customs entries, or historical events, and therefore do not contradict the claim. The evidence from the most relevant sources aligns and provides a coherent and credible basis for the statement's truthfulness, even without a single source stating the claim verbatim.