The five largest addresses on the BTC liquidation leaderboard were collectively liquidated for about $13.51 million during overnight market moves, according to TradingBeats data cited by BlockBeats on Sept. 16. Long positions accounted for roughly $9.16 million of that total, while short positions made up about $4.35 million, showing that both sides of the market were hit by million-dollar liquidations.
Address 0x2814 was the main two-sided casualty in the move. After a series of long liquidations, the address quickly flipped to a short position, which was later liquidated as well. Its combined losses reached about $4.34 million. Other large long liquidations included 0x0eef, which saw about $2.79 million wiped out, and 0x9bbf, which lost about $2.64 million.
On the short side, 0x704c was liquidated for about $1.92 million, while 0xef69 posted cumulative liquidations of about $1.82 million. The figures point to a sharp overnight BTC move that swept through large positions on both sides.
The top five addresses on the BTC liquidation leaderboard were liquidated for a combined $13.5135 million during overnight trading, according to TradingBeats data cited by BlockBeats on Sept. 16.
Of that total, roughly $9.1605 million came from long positions and about $4.3530 million from shorts, with both sides seeing liquidations in the million-dollar range.
Largest addresses caught in the move
Address 0x2814 became the main two-way liquidation case in the latest market swing. After its long positions were liquidated in succession, the trader quickly flipped short, only to see that position liquidated as well. The address lost about $4.3414 million in total.
Two other large long liquidations came from 0x0eef and 0x9bbf. The former saw about $2.7851 million in long positions liquidated, while the latter lost about $2.6389 million.
On the short side, 0x704c was liquidated for about $1.9249 million, and 0xef69 recorded cumulative liquidations of about $1.8233 million.
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