BlockBeats News, August 6th. According to Cyphertrace, the whale that opened a short position of 1600 BTC (approximately $102 million) yesterday was liquidated in the early morning today due to a Bitcoin rebound, triggering a $13 million stop-loss. The liquidation price was $64,889, and stop-loss orders were placed in the $64,885-$68,254 price range, with each order for 50 BTC.

Four of the stop-loss orders were triggered, reducing the short position by 200 BTC, resulting in a $146,000 loss. The whale still holds a short position of 1400 BTC (approximately $90.54 million), with the latest liquidation price at $64,998.