On-chain analyst Ember reported that a whale opened a 40x leveraged short on 1,600 BTC worth $102 million, with a liquidation price of $64,889. Stop-losses were placed between $64,885 and $68,254 in batches of 50 BTC. When BTC rebounded to $65,000 at 4 AM, four stop-loss orders were triggered, reducing 200 BTC ($13 million) and locking in a $146,000 loss. The whale still holds 1,400 BTC short positions valued at $90.54 million, with the latest liquidation price at $64,998.
On-chain analyst Ember reported that a whale opened a 40x leveraged short position on 1,600 BTC, worth $102 million, with a liquidation price of $64,889. Stop-loss orders were then placed across the $64,885–$68,254 range, each covering 50 BTC.
At 4 AM, as BTC rebounded to $65,000, four stop-loss orders were triggered, reducing the position by 200 BTC—worth $13 million—and realizing a loss of $146,000. The whale still holds 1,400 BTC in short positions, valued at $90.54 million, with the latest liquidation price set at $64,998.
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