Crypto Whale Loses $764,000 in 24 Hours After Four Bitcoin Short Liquidations
By
Finn Keller
Summary
A cryptocurrency whale (wallet 0x2117) suffered $764,750 in losses after four consecutive Bitcoin short liquidations within 24 hours. The forced closures involved 97.99 BTC worth approximately $7.18 million, triggered by aggressive Bitcoin price action. The incident highlights the risks of high-leverage short trading in volatile crypto markets.
Source
bskyCrypto Whale Loses $764,000 in 24 Hours After Four Bitcoin Short Liquidationscryptofox.newsKey quotes
· 3 pulledA prominent cryptocurrency trader, identified by the wallet address 0x2117, has faced significant financial setbacks following a series of unsuccessful bets against the market leader.
The aggressive price action of the primary digital asset resulted in the forced closure of positions totaling 97.99 BTC, which carried a market value of approximately $7.18 million.
A crypto whale (0x2117) faced four Bitcoin short liquidations, losing $764,750 in 24 hours.
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