đ WHALEâS $493 MILLION LONG POSITION WIPED OUT, WITH ONLY $0.62 MILLION LEFT
đ„ $493 million worth of BTC and ETH long positions fully liquidated
A whale who opened long positions in 1,543.87 BTC and 115,470 ETH in late August lost the entire position as the market plunged. The final position, worth $80.12 million, was also wiped out.
đ $69.21 million in capital dwindled to just $0.62 million
Total losses reached $68.59 millionânearly all of the initial capitalâafter the position was completely liquidated in this downturn.
đ€ïž This liquidation shows how high leverage can be wiped out very quickly when the market reverses.
$BTC $ETH
đ„ $493 million worth of BTC and ETH long positions fully liquidated
A whale who opened long positions in 1,543.87 BTC and 115,470 ETH in late August lost the entire position as the market plunged. The final position, worth $80.12 million, was also wiped out.
đ $69.21 million in capital dwindled to just $0.62 million
Total losses reached $68.59 millionânearly all of the initial capitalâafter the position was completely liquidated in this downturn.
đ€ïž This liquidation shows how high leverage can be wiped out very quickly when the market reverses.
$BTC $ETH
