Whale Faces Another Massive Liquidation with Single Loss Exceeding Millions

Market Turbulence Triggers Major Liquidations

According to Coinbob and CoinGlass data, BTC's price volatility led to $196 million in total liquidations over the past 24 hours, impacting both long and short positions significantly.

Whale Faces Multiple Liquidations

Monitoring data revealed that a whale address starting with 0x5dc2 on Hyperliquid faced two liquidations during this period, losing approximately 219 BTC worth around $13.82 million. Notably, this address had previously been liquidated for $14.49 million on February 9 before re-entering the market.

Aggressive Re-entry Amid High Risk

Despite consecutive losses, the whale didn't stop trading. At the time of reporting, they had opened a high-leverage short position of approximately $14.55 million in BTC with a 40x leverage, at an average entry price of $67,860 and a liquidation level at $68,690.