ETH Long Gone… Now All Eyes on His $110M BTC Bet. Another painful hit for this trader. His entire $ETH long was liquidated about 5 hours ago, locking in a loss of roughly $1.08M.
But he’s still holding a massive position on the other side of the trade 1,355.6 BTC worth around $110.85M.
The $BTC position has a liquidation price at $80,035.7, but he’s set a stop-loss at $80,500. So if BTC drops to that level, he could be out before liquidation kicks in. After taking that ETH loss, this BTC trade is definitely one to watch.
Here is the address: 0x30afce2f6842bf183c7e3fe7162e279ff0b6393e