Within 12 hours, a trader with the wallet address 0x01e2 was liquidated 6 times. The total Bitcoin positions liquidated amounted to 404.86 BTC, or around US$28.9 million (Rp480 billion).
However, six liquidations still weren't enough to make him leave the market.
According to Lookonchain's monitoring, the trader is still holding a long position of 143.84 BTC worth US$10.2 million (around Rp169.5 billion).
The risk is now becoming clearer. The remaining position has a liquidation price of US$70,712.57.
After more than US$28 million in Bitcoin positions were wiped out in 12 hours, this trader is still risking US$10.2 million on a bet that prices will rise $BTC . The question is, can his position withstand it this time?
$SHELL
However, six liquidations still weren't enough to make him leave the market.
According to Lookonchain's monitoring, the trader is still holding a long position of 143.84 BTC worth US$10.2 million (around Rp169.5 billion).
The risk is now becoming clearer. The remaining position has a liquidation price of US$70,712.57.
After more than US$28 million in Bitcoin positions were wiped out in 12 hours, this trader is still risking US$10.2 million on a bet that prices will rise $BTC . The question is, can his position withstand it this time?
$SHELL
