If the BTC price rebounds to $78,000, five large whales who shorted today will be liquidated.

BTC-1,36%

BlockBeats News, February 2 — According to HyperInsight monitoring, due to the continuous decline in BTC prices this morning, multiple large on-chain positions were liquidated, while some whales chose to buy the dip or chase short positions. Today, a total of 9 whales holding over $1 million each have shorted BTC with high leverage at liquidation prices ranging from $77,000 to $80,000. As the market rebounded, all are now in floating losses.

Among them, address 0xbb8… closed out and took losses before press time. Additionally, 5 whales’ positions are very close to liquidation, with liquidation prices around $78,000. The corresponding addresses are: (0xb56), (0x7a8), (0xb86), (0x801), (0x93a).

The address closest to liquidation (0x7a8) experienced a round of liquidation at press time, with the next liquidation price at $77,800. Its current position size has decreased to approximately $960,000. The address with a larger position (0xb56) holds about $4 million, with a liquidation price at $78,000, currently floating at a loss of -140%.

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WenJinvip
· 02-02 10:35
Bottom fishing, bottom fishing, life and death are determined by fate, wealth and honor are in heaven, others are fearful while I am greedy.
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