August 19 Crypto Liquidation Day: Multi-Whale Short Positions Liquidated for Hundreds of Millions

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Whale trading activity intensified on August 20 as the crypto market witnessed over $270 million in short positions liquidated within 24 hours. Eight Bitcoin and two Ethereum short whale positions, each exceeding $10 million, were fully liquidated. The largest Bitcoin short, held by 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57, was liquidated for $96.39 million. The Ethereum short whale position pension-usdt.eth lost $108 million. Value investing in crypto remains a key focus amid volatile market conditions.

BlockBeats report, August 20: Yesterday, the crypto market saw an epic short squeeze, with over $2.7 billion in short positions liquidated globally in the past 24 hours.


According to TradingBeats (formerly Hyperinsight), a total of eight Bitcoin short whale positions on-chain were liquidated for over $10 million each, and two Ethereum short whale positions were also liquidated for over $10 million each. Among them:


Whale 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 had a $96.39 million Bitcoin short position liquidated;


The whale 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 (pension-usdt.eth) had a $108 million Ethereum short position liquidated;


Whale 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 (bowen1476) had a $71.46 million Bitcoin short position liquidated;


The whale 0x8eff8ff863c1a54ec6697b7ad98fe30aa344bd5e (Shamrocked) had a $61.1 million Bitcoin short position liquidated.

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