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The day before yesterday, a whale who shorted Bitcoin 40x was forced to liquidate, realizing a loss of $1.54 million.
  • BTC0%

BlockBeats News, August 7th. According to CipherTrace, the whale that shorted 1,600 BTC (worth $102 million) with leverage the day before yesterday was hit hard again. After the recent BTC rebound to $65,300, the whale was liquidated, losing 500 BTC ($32.6 million).

The whale opened a short position with a principal of $2.44 million the day before yesterday morning, and now only has $900,000 left, losing $1.54 million. The short position of 1,600 BTC ($102 million) was liquidated with a bounce, losing 700 BTC. The whale now holds a short position of 900 BTC ($58.66 million).

Sumber: BlockBeats

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