A whale closed its short order during the pull-up of Bitcoin and lost more than US$1.6 million."

Crypto 7x24

2025-05-08 14:19:58

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On May 8, according to Lookonchain monitoring, a whale closed its short order during the pull-up of Bitcoin, losing more than US$1.6 million. The whale had shorted BTC with 11 and 40 leverage. The position reached US$127.7 million, and the liquidation prices were US$104,600 and US$103,470 respectively.

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