๐Ÿ“ฐ ใ€BTC midday surge triggers liquidation of a major high-leverage whaleโ€™s 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 whaleโ€™s 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 whaleโ€™s Bitcoin short using 40x leverage, which was liquidated at about 26 BTCโ€”approximately $2.008 millionโ€”making 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 watchโ€”this marketโ€™s 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 millionโ€”one of the liquidations was about $2.008 million. This kind of โ€œopenly 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. Donโ€™t 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, donโ€™t go and copy them playing with high leverageโ€”wouldnโ€™t it be better to buy the dip and hold spot for the long term? ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
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