One address was liquidated 6 times in 12 hours, for a cumulative total of 404.86 BTC.
According to monitoring by Lookonchain, an address labeled Gambler (0x01e2...e977) was liquidated 6 times over the past 12 hours, for a cumulative total of 404.86 BTC, worth approximately $28.9 million. It still had an open position after the liquidations: a 143.84 BTC long position worth approximately $10.2 million, with a new liquidation price of $70,712.57.
· These are repeated liquidation records for a single address and do not indicate the leverage level of the overall market
· The liquidation price of the remaining long position is clearly stated: around $70,712.57
Would you look first at the distance between this liquidation price and the current price, or at the time intervals between the 6 liquidations?
According to monitoring by Lookonchain, an address labeled Gambler (0x01e2...e977) was liquidated 6 times over the past 12 hours, for a cumulative total of 404.86 BTC, worth approximately $28.9 million. It still had an open position after the liquidations: a 143.84 BTC long position worth approximately $10.2 million, with a new liquidation price of $70,712.57.
· These are repeated liquidation records for a single address and do not indicate the leverage level of the overall market
· The liquidation price of the remaining long position is clearly stated: around $70,712.57
Would you look first at the distance between this liquidation price and the current price, or at the time intervals between the 6 liquidations?
