Whale Liquidation Wave
Whales have been getting wiped out in droves this week. On the 9th, a trader with a $253 million long position was liquidated for $140 million, losing $61.41 million. On the 11th, another trader opened $65 million in longs on Hyperliquid, with liquidation prices of 71,966 and 1,979. Today's lows were 62,006 and 1,711, breaking through both levels. Today, $2.058 billion in positions were liquidated across the market in 24 hours, wiping out 330,000 traders; 93% were long positions. The largest single liquidation was a $16.17 million Binance ETH long. But CryptoQuant counted the other side: during this 24% drop, wallets holding over 1,000 BTC actually added around 47,000 coins. Leverage got flushed out; spot wallets were buying.
Related code: $BTC #加密市场大幅回调，多名巨鲸遭遇清算
Whales have been getting wiped out in droves this week. On the 9th, a trader with a $253 million long position was liquidated for $140 million, losing $61.41 million. On the 11th, another trader opened $65 million in longs on Hyperliquid, with liquidation prices of 71,966 and 1,979. Today's lows were 62,006 and 1,711, breaking through both levels. Today, $2.058 billion in positions were liquidated across the market in 24 hours, wiping out 330,000 traders; 93% were long positions. The largest single liquidation was a $16.17 million Binance ETH long. But CryptoQuant counted the other side: during this 24% drop, wallets holding over 1,000 BTC actually added around 47,000 coins. Leverage got flushed out; spot wallets were buying.
Related code: $BTC #加密市场大幅回调，多名巨鲸遭遇清算
