#BTC #CEXvsDEX101 #Liquidations
Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets
Bitcoin: a $100 million position liquidated in a few hours
The scene unfolded unnoticed by the market, yet it remains spectacular. As bitcoin briefly dipped below $105,000, a trader on Hyperliquid, identified under the pseudonym James Wynn, saw his long positions liquidated in two successive rounds. First 527.29 BTC, then 421.8 BTC, respectively at $104,950 and $104,150, for a total loss of $99.3 million.
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