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A prominent BTC/ETH whale with a heavy position has been liquidated, exiting the market through a stop-loss. Their long position, held overnight, was worth nearly $50 million in nominal value.
BlockBeats News, October 28th, according to HyperInsight monitoring, in the past 1 hour, a whale with an address starting with 0x960 closed its 15x leveraged BTC and ETH long positions, exiting the market. The whale closed the positions at $4,109 for ETH and $113,900 for BTC, realizing a total loss of approximately $1.06 million. After the liquidation, the whale moved the funds to a spot account to break even.
It is reported that within the past 16 hours, the address first deposited 3.72 million USDC to Hyperliquid, subsequently opened a BTC long position with a nominal value of $27.7 million and an ETH long position with a nominal value of $20.3 million, both at 15x leverage.
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