Whale Loses $3.5M in BTC Liquidation, Rebounds With 40x Long for $1.06M Profit
- Whale loses $3.5M in liquidation but rebounds with 40x Bitcoin long for $1.06M profit.
- Gambler recovers $4.96M losses with a single $9M profit on a 40x Bitcoin short trade.
- AguilaTrades loses $35M in two weeks through failure to take profits on winning positions.
Recent market volatility has created dramatic outcomes for high-leverage Bitcoin traders. Some lost tens of millions, while others recovered previous losses through aggressive position sizing.
Whale address 0x7e8b suffered liquidation for 965 BTC ($97.5 million) and 12,024 ETH ($26.22 million) during the market crash, losing over $3.5 million in the forced closure. However, the trader immediately re-entered with a 40x long Bitcoin position that currently shows $1.06 million in unrealized profits.
Contrasting Fortunes Highlight Leverage Trading Extremes
On t…
The post Whale Loses $3.5M in BTC Liquidation, Rebounds With 40x Long for $1.06M Profit appeared first on Coin Edition.
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Whale Loses $3.5M in BTC Liquidation, Rebounds With 40x Long for $1.06M Profit
- Whale loses $3.5M in liquidation but rebounds with 40x Bitcoin long for $1.06M profit.
- Gambler recovers $4.96M losses with a single $9M profit on a 40x Bitcoin short trade.
- AguilaTrades loses $35M in two weeks through failure to take profits on winning positions.
Recent market volatility has created dramatic outcomes for high-leverage Bitcoin traders. Some lost tens of millions, while others recovered previous losses through aggressive position sizing.
Whale address 0x7e8b suffered liquidation for 965 BTC ($97.5 million) and 12,024 ETH ($26.22 million) during the market crash, losing over $3.5 million in the forced closure. However, the trader immediately re-entered with a 40x long Bitcoin position that currently shows $1.06 million in unrealized profits.
Contrasting Fortunes Highlight Leverage Trading Extremes
On t…
The post Whale Loses $3.5M in BTC Liquidation, Rebounds With 40x Long for $1.06M Profit appeared first on Coin Edition.
Read More