Lookonchain tracked a single address that was liquidated four times within 14 hours as Bitcoin moved higher, according to a newsflash published by ChainCatcher. The liquidations wiped out a total short position of 375.8 BTC. Based on the figures cited in the report, the cleared position was worth $32.55 million. The item did not disclose the address or provide additional trading details beyond the liquidation count, time span, position size, and dollar value. ChainCatcher categorized the update under whale activity.
According to Lookonchain, one address was liquidated four times within 14 hours during Bitcoin's rise, ChainCatcher reported.
The liquidations cleared a total BTC short position of 375.8 BTC, valued at $32.55 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
