A whale holding a Bitcoin long position for 112 days is facing liquidation, with an estimated loss of $6.84 million.

GateNews
BTC0,43%

Odaily Planet Daily reports that, according to Onchain Lens monitoring, a whale’s Bitcoin long position held for 112 days is about to be fully liquidated, with an estimated loss of $6.84 million. Its overall position loss will reach $7.6 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Saylor calls for buying Bitcoin on Good Friday when BTC is around $67,000

Michael Saylor continues to urge Bitcoin purchases despite BTC trading around $67,000, below his average cost of $75,694. While facing mixed reactions, his long-term belief in Bitcoin remains firm, promoting accumulation during market corrections.

TapChiBitcoin5m ago

What does it mean that Bitcoin was “broken” by quantum computing in 9 minutes?

Google’s Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets. But, what does it actually mean in practice? Let’s start with how bitcoin

TapChiBitcoin6m ago

Bitcoin Price Stagnation Signals a Massive Volatility Expansion Above the $71,000 Resistance Level

The cryptocurrency market stands at a crossroads, preparing itself for what will happen next. With the ongoing volatility of the financial landscape, Bitcoin (BTC) has reached a condition of essentially sideways movement, leaving both retail traders and institutional desks held up in anticipation of

BlockChainReporter3h ago

Rocky US economy, private credit stress, war impact Bitcoin’s odds for $75K rally

Key takeaways: Private credit risks and weak US jobs market data drive Bitcoin lower, but is there a silver lining? Institutional Bitcoin ETF outflows and miner sales test BTC's strength, but the Federal Reserve's options for addressing the federal deficit may also favor scarce

Cointelegraph4h ago

Square Enables Bitcoin Payments in Advance Nationwide

Square announced that it is enabling Bitcoin payment options for merchants across the United States and making it the default feature. With real-time settlement through the Lightning Network, merchants can enjoy a zero-fee promotion through 2027. Even so, it is still subject to local regulations and merchant eligibility reviews.

ChainNewsAbmedia5h ago
Comment
0/400
No comments