ChainCatcher message, according to Ember monitoring, a liquidation trader shorted 510 BTC (worth approximately $47.3 million) during the morning decline at 7 AM, increasing their short position to $200 million. Currently, this trader’s BTC short position is only $1,600 away from the liquidation price, and their ETH short position is only $56 away from the liquidation price.
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
Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means
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
CoinDesk3m ago
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.
TapChiBitcoin6m 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
TapChiBitcoin7m 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