Whale Liquidated Rp3 Trillion as Bitcoin Plummets to US$103 Thousand
A trader with a fantastic amount, referred to as a whale, experienced a liquidation of US$201.31 million, equivalent to Rp3.2 trillion, as Bitcoin (BTC) plummeted to US$103 thousand on Friday (13/06). This decline was due to Iran conducting a retaliatory strike after Israel attacked the Natanz nuclear facility in Tehran, Iran.
Meanwhile, an unknown address sold or shorted Bitcoin with 40x leverage, recording an unrealized profit of US$5 million. However, it had previously incurred a total loss of US$4.96 million from its last six trades, but this transaction managed to cover all its losses.
For your information, Bitcoin experienced a decrease of 3.44% and is currently at US$104,224. Not only that, Ethereum (ETH) actually dropped three times more, down 9.44%, touching US$2,500 in the last 24 hours.
*Disclaimer Alert. Not Financial Advice* (NFA). *Do Your Own Research* (DYOR).