So, what about whales again? If you’re human, you’ll make mistakes
8.19 Epic-Scale Short Squeeze Day Clears Liquidation Rankings: Multiple Whale Short Positions Liquidated at the 100 Million-Yuan Level
On August 20, the previous day’s crypto market saw an epic-scale short squeeze liquidation. Across the whole network, liquidations of short positions over a 24-hour period totaled more than $2.7 billion.
According to TradingBeats (formerly Hyperinsight) monitoring, on-chain there were 8 Bitcoin short whales whose liquidation sizes exceeded $10 million, and another 2 Ethereum short whales with liquidation sizes exceeding $10 million. Of these:
Whale 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 saw a Bitcoin short position worth $96.39 million liquidated;
Whale 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 (pension-usdt.eth) saw an Ethereum short position worth $108 million liquidated;
Whale 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 (bowen1476) saw a Bitcoin short position worth $71.46 million liquidated;
Whale 0x8eff8ff863c1a54ec6697b7ad98fe30aa344bd5e (Shamrocked) saw a Bitcoin short position worth $61.11 million liquidated.$SOL
8.19 Epic-Scale Short Squeeze Day Clears Liquidation Rankings: Multiple Whale Short Positions Liquidated at the 100 Million-Yuan Level
On August 20, the previous day’s crypto market saw an epic-scale short squeeze liquidation. Across the whole network, liquidations of short positions over a 24-hour period totaled more than $2.7 billion.
According to TradingBeats (formerly Hyperinsight) monitoring, on-chain there were 8 Bitcoin short whales whose liquidation sizes exceeded $10 million, and another 2 Ethereum short whales with liquidation sizes exceeding $10 million. Of these:
Whale 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 saw a Bitcoin short position worth $96.39 million liquidated;
Whale 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 (pension-usdt.eth) saw an Ethereum short position worth $108 million liquidated;
Whale 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 (bowen1476) saw a Bitcoin short position worth $71.46 million liquidated;
Whale 0x8eff8ff863c1a54ec6697b7ad98fe30aa344bd5e (Shamrocked) saw a Bitcoin short position worth $61.11 million liquidated.$SOL