A whale closed the empty order during the bitcoin rally, losing more than 1.60 million dollars
2025-05-08 05:34:08
On May 8th, according to the monitoring of Lookonchain, a whale closed the short order during the rise of Bitcoin, losing more than 1.60 million US dollars. The whale had shorted BTC with 11 times and 40 times leverage. The position size reached 127.70 million US dollars, and the liquidation price was 104,600 US dollars and 103,470 US dollars respectively.
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