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Short Position Whale with $154M Position Value Liquidates, Current Liquidation Price $117,510
BlockBeats News, September 12th, according to EmberCN monitoring, 2 hours ago when BTC broke through $116,000, the whale who had "switched from longing ETH to shorting BTC after losing $35.84 million, in order to avoid liquidation of their BTC short position, performed a stop-loss sell-off, raising the liquidation price to $117,510. Their remaining position still amounted to $78 million, and before the sell-off, their position was worth $154 million.
In addition to the previous $35.84 million loss from longing ETH, they incurred an additional $5.79 million loss on the BTC short.
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