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๐ฅWhale address starting with 0x2fc was liquidated for $43.3 million due to the BTC price rebound, becoming the largest single liquidation on the entire network.
According to Hyperinsight monitoring, after the BTC price rebounded above $72k, the whale address starting with 0x2fc held a 40x leveraged BTC short position on April 10th at 11 PM. The position was liquidated twice in succession, totaling 423.4 BTC, approximately $30.5 million, with a single liquidation of $24.4 million, making it the largest single liquidation address in the past 24 hours.
The address then reopened a 176 BTC short position at a very narrow liquidation line, about $12.83 million, and was liquidated again at 7 AM this morning. The two rounds of liquidation totaled over $43.3 million, recording a loss of $580k.
Currently, this address has opened a third 40x leveraged short position, but the funds have significantly...