📰 【BTC midday surge liquidates a major high-leverage whale's three short positions, totaling $2.6 million in liquidations】


BlockBeats reports that on April 29, according to Hyperinsight monitoring, Bitcoin continued to rebound this morning, rising again at midday, briefly reaching $77,400. In the past 10 minutes, three short positions of a high-leverage whale on the Hyperliquid platform were simultaneously liquidated during this rally, with a total liquidation scale of $2.6 million. The largest was a Bitcoin short position with 40x leverage, liquidating about 26 BTC, approximately $200.8K, which was the main source of this liquidation. Currently, this address still holds a remaining position of $10.4 million, with the next Bitcoin liquidation price around $77,617...
Brothers, keep a close eye, this market is extremely volatile. I just saw a big trader shorting with 40x leverage on $BTC , and during the midday rally, he was liquidated for $2.6 million, one of which was $2 million. Such blatant liquidations are like fueling the market, but I know there are small traders following blindly and opening shorts. Don’t always think about shorting for quick profits; after this rapid rally and liquidation, the next liquidation price is around $77,700, and a slight mistake could trigger a chain reaction. For small funds, there's no need to play with high leverage like others; isn’t it better to buy spot and hold long-term on dips? 👇👇👇👇👇
BTC1,80%
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