Whale Alert: Four Traders Liquidated for More Than $10M Apiece

Four large crypto traders have suffered individual liquidations of more than $10 million each in the aftermath of Bitcoin falling below $69,000. The losses are part of a wider derivatives market rout that saw more than $1.6 billion liquidated in 24 hours, with leveraged bullish bets taking the biggest hits. Four Crypto Whales Lose More Than $143M in Liquidations According to the blockchain analytics account Lookonchain, a wallet identified as 0x6046 lost exposure to 12,742 ETH worth approximately $25.2 million and 536.89 BTC valued at $38.77 million. A second address, 0x01e2, which the analytics platform had earlier described as a “gambler” after it got hit by six liquidations in 12 hours covering 404.86 BTC ($28.9 million), had another 511 BTC worth $36.4 million liquidated when the asset’s price plunged below…

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