Yesterday, the whale that heavily shorted BTC was liquidated with a scale of 43.3 million, becoming the top single liquidation address on the entire network.

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ME News message: On April 10 (UTC+8), according to Hyperinsight monitoring, after the BTC price rebounded to above $72k, the 0x2fc whale’s 40x leveraged BTC short positions it held at 11:00 PM last night triggered liquidations twice in succession. A total of 423.4 BTC were liquidated, about $30.5 million. Among them, the single liquidation size reached $24.4 million, making it the largest single-liquidation address across the entire network in the past 24 hours. This short position had been opened at 5:00 PM yesterday.

After the liquidation, the address immediately reopened a 40x leveraged BTC short with an extremely narrow liquidation line. The position size was 176 BTC, about $12.83 million. At 7:00 AM this morning, it was liquidated again, and once more became the largest liquidation address today.

The total size of the two rounds of liquidations exceeded $43.3 million, with recorded losses of $580k.

Currently, the address has opened a third 40x leveraged short position. However, after two rounds of liquidations, the funds have been significantly depleted. It can now only support opening 67 BTC shorts, about $4.85 million, with a liquidation price of $72,669.

Address: 0x2fc3195efbf91ad90854bc3c02fe739895c23460 (Source: BlockBeats)

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