BlockBeats reported on Aug. 8 that TheDataNerd tracked a whale who opened a $102 million short position on bitcoin with 40x leverage and has been partially liquidated. The whale lost $1.46 million in the past week. After adding margin, the short was cut to roughly $60 million. The remaining position has an entry price of $64,212.5 and a liquidation price of $65,310.2.
On Aug. 8, data tracked by TheDataNerd showed a whale with a $102 million bitcoin short, taken at 40x leverage, suffered a partial liquidation. The position lost roughly $1.46 million over the past week.
After adding margin, the whale reduced the short to about $60 million. The remaining position carries an entry price of $64,212.5 and a liquidation price of $65,310.2.
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