Giant whale James Wynn was liquidated for 949 bitcoins (about $99.3 million) when Bitcoin fell below $105,000. He lost over $99 million in a week.
Big brother was precision bombed.
Things that should be summarized from this incident:
First, you can see the main operating funds of Bitcoin contracts at present; second, respect the contract market.
If Bitcoin worth millions can be precision bombed, do you still dare to touch altcoins with large funds? Could a few thousand dollars also be precision bombed? Anyway, I've been bombed before, so even if I feel like I have a large position in altcoins, I still open orders across multiple platforms and accounts.
