A Bitcoin bull was liquidated with a loss of $12.49 million, possibly due to a sell-off by the "Sleeping Seven Years High-Profile ETH Whale" who swapped BTC.
By: theblockbeats.news|2025/08/25 00:42:18
BlockBeats News, August 25th. According to on-chain analyst Ai Auntie (@ai_9684xtpa), a certain Bitcoin bull was liquidated at $109,892, losing $12.49 million.
Yesterday's sharp drop in BTC directly caused heavy losses for the bulls. In the past 24 hours, a total of $628 million was liquidated across the entire network, with over 130,000 people being liquidated.
As for the reason, many analysts have provided speculation: it may be due to the "low-key whale who moved dormant $ETH to $BTC after seven years" selling off, as they still hold 67,118 BTC on-chain (worth $7.62 billion).
Telegram Founder Pavel Durov: One Year After Being Detained by French Police, Still Required to Return to France Every Two Weeks, Case Still Without Appeal Date
Pudgy Penguins CEO: Plans to complete Pudgy Penguins IPO and go public within two years
You may also like
Share
Gainers
Latest Crypto News
14:45
The US Bank has approved a wealth advisor's recommendation for investors to allocate 1%–4% of their assets to cryptocurrency.
14:45
Sonnet Biotherapeutics Receives Shareholder Approval to Merge with Hyperliquid Strategies
14:15
CZ: Predicts More All-Time Highs Coming Soon, Exact Timing Unknown
14:15
「Rising Star 100% Win Rate Trader」 Goes Short with 40x Leverage on 500 BTC
13:45
「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com