Yesterday, a whale who heavily shorted BTC was liquidated with a $43.3 million margin, becoming the top-ranked largest single liquidation on the entire network.
BlockBeats News, April 10th, according to Hyperinsight monitoring, after the BTC price rebounded above $72,000, the whale with address starting with 0x2fc triggered the liquidation of a 40x leveraged BTC short position twice in a row at 11:00 PM last night, with a total of 423.4 BTC being liquidated, equivalent to about $30.5 million. The size of a single liquidation reached $24.4 million, becoming the largest single liquidation address in the entire network in nearly 24 hours, the short position of which was opened at 5:00 PM yesterday.
After the liquidation, the address promptly opened another 40x leveraged BTC short position with a scale of 176 BTC, equivalent to $12.83 million, and was liquidated again at 7:00 AM this morning, once again becoming the largest liquidation address of the day. The total scale of the two liquidations exceeded $43.3 million, resulting in a loss of $580,000.
Currently, the address has opened a short position with 40x leverage for the third time, however, after two rounds of liquidation, the funds have been significantly reduced, and it can now only support the opening of a 67 BTC short position, equivalent to $4.85 million, with a liquidation price of $72,669.
Address: 0x2fc3195efbf91ad90854bc3c02fe739895c23460
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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