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๐ฐ ใBTC midday surge triggers liquidation of a major high-leverage whaleโs three large short positions, totaling $2.6 million in liquidationsใ
BlockBeats reports that on April 29, according to Hyperinsight monitoring, Bitcoin has been continuing to rebound this morning. In the middle of the day, it surged again and briefly touched $77.4k. Within the past 10 minutes, on the Hyperliquid platform, a certain high-leverage whaleโs three major short positions all simultaneously hit their liquidation lines during this rally, with a total forced liquidation size of $2.6 million. The largest single order came from the whaleโs Bitcoin short using 40x leverage, which was liquidated at about 26 BTCโapproximately $2.008 millionโmaking it the main source of this liquidation. At present, this address still has remaining positions worth $10.4 million, and the next Bitcoin liquidation price is at $77,617...
Brothers, keep a close watchโthis marketโs volatility is absolutely wild. I just saw a big player shorting on $BTC with 40x leverage. During the midday rally, he was liquidated for $2.6 millionโone of the liquidations was about $2.008 million. This kind of โopenly postedโ liquidation is basically feeding fuel to the market, but I know for sure that small traders will definitely follow along and recklessly open short positions. Donโt always think about shorting to make quick money. After this sharp rally and liquidation, the next liquidation price is around $77,700. One careless move and it could trigger a chain reaction of liquidations. For those with smaller funds, donโt go and copy them playing with high leverageโwouldnโt it be better to buy the dip and hold spot for the long term? ๐๐๐๐๐