A major BTC long whale faced three liquidations in quick succession, totaling approximately $14.5 million

robot
Abstract generation in progress

Mars Finance News, March 17 — According to Hyperinsight monitoring, Bitcoin briefly surged close to $76,000 before pulling back. Since falling below $75,000 in the past hour, a whale starting with 0x8d6 on Hyperliquid has experienced three large liquidations in a row, totaling 195.2 BTC, worth approximately $14.5 million. The largest single liquidation was $5.98 million, the biggest on-chain liquidation in the past 24 hours.

After being liquidated, this address still holds a 40x leveraged long position in BTC, with a position size of $15.2 million, an average entry price of $74,300, and a liquidation price of $74,120. The current price has once again approached its liquidation line.

Last night and this morning, this address experienced multiple rounds of liquidation, with total losses of about $10.7 million. During the rebound, it continued to chase the rally, pushing its position size up to $30.3 million, making it a main aggressive long in this round of the market.

BTC1.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments