Data: A whale's BTC long positions worth $143 million were fully liquidated last night, resulting in a loss of $6.3 million.
According to ChainCatcher, on-chain analyst Yu Jin monitored that a certain whale went long on BTC with 40x leverage last night, with a position worth $107 million, which was liquidated as the price kept dropping. In the end, the entire long position worth $143 million was liquidated, resulting in a loss of $6.3 million.
However, just now, using the remaining $470,000 after liquidation, the whale continued to go long on BTC with 40x leverage. The $470,000 was fully leveraged to open a position worth $19 million, but the liquidation price was only $1,200 away from the current price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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