This morning, someone on-chain spotted a whale with over $253 million in long positions getting liquidated on about $140 million of them, realizing a loss of roughly $61.41 million. The ETH liquidation losses were even higher. About $113 million in BTC/ETH longs are still holding on; according to the author, the next liquidation levels are around BTC $72,197 and ETH $2,004. Take “deliberately dumping the price on them” as speculation for now. One address makes for a dramatic sight, but what really matters is whether the remaining positions get swept up too.
$BTC $ETH
#巨鲸 #Liquidation