ME News reports that, as monitored by Ember, a whale who opened a short position of 1,600 BTC (approximately $102 million) yesterday had $13 million of their position liquidated early this morning due to Bitcoin’s rebound, with a liquidation price of $64,889. The whale had set stop-loss orders between $64,885 and $68,254, each for 50 BTC. Four of these stop-loss orders have been triggered, reducing the short position by 200 BTC and realizing a loss of $146,000. The whale still holds 1,400 BTC (approximately $90.54 million) in short positions, with the latest liquidation price at $64,998. (Source: BlockBeats)
Whale Closes 200 BTC Short Position After Stop-Loss Triggered at $64,889
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Summary
On August 6 (UTC+8), a whale reduced a 1,600 BTC short position by 200 BTC after a BTC price rebound triggered a $13 million stop-loss at $64,889. The whale had set stop-loss orders between $64,885 and $68,254, each for 50 BTC; four were triggered, resulting in a $146,000 loss. The remaining 1,400 BTC short position is now valued at approximately $90.54 million, with the latest liquidation level at $64,998. BTC dominance remains under close watch as the market absorbs the move.
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