Whale also crashes, a 5x leverage turns into a textbook-level liquidation case

CryptoWorld reports that the BTC OG insider whale saw a pullback within 24 hours, with losses exceeding $10.5 million, and unrealized losses expanding to $11.7 million. It is currently HyperLiquid’s largest long position and today’s biggest loss address. The 5xBTC long position is $84.7 million, with an average price of $76,117; the unrealized loss is 70%, and the liquidation price is $55,965. The 3xZEC long position is $35.9 million, with an average price of $626; the unrealized profit is 0.4%. This address previously held more than 50,000 BTC and was highly synchronized with Trump’s remarks and U.S. policies. The CEO of Bitforex said it is related to their clients, claiming that AI has drained liquidity, and that a bull market requires waiting for the cycle to return.