ChainCatcher report, according to Lookonchain monitoring, after Bitcoin surged above $65,000, a position of 1,800 BTC worth $117 million in short contracts was partially liquidated, with 360 BTC liquidated at a value of $23.36 million. The address currently holds 1,440 BTC in long positions, valued at $93.3 million, with a new liquidation price of $65,041.72.
Whale's 1,800 BTC short position partially liquidated as BTC surpasses $65,000
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Summary
A whale’s 1,800 BTC short position, valued at $117 million, was partially liquidated as BTC rose above $65,000. Lookonchain data shows that 360 BTC, or $23.36 million, were liquidated. The address now holds a 1,440 BTC long position, valued at $93.3 million, with a new liquidation price of $65,041.72. Position sizing adjustments suggest the whale is recalibrating exposure amid the upward price movement.
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