DATA: A Giant Whale Redeemed and Sold 400 BTC 4 Hours Ago, Accumulated Losses of $31.8 Million
A whale address redeemed and sold 400 BTC (worth $33.83 million) at a loss again four hours ago, according to Lookonchain monitoring. The whale address bought 2,000 BTC (worth $197.8 million) for $98,896 four months ago and began redeeming and selling BTC on March 11.
The address has sold a total of 1,200 BTC (worth $98.6 million) for $82,171 for a total loss of $31.8 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Bitcoin plunged nearly $2,000 in 20 minutes, about $400 millions in long positions liquidated.
According to the data, on October 6, 2026, bitcoin fell more than 5% during the session, plummeting nearly $2,000 within about 20 minutes, resulting in the liquidation of approximately $400 million in leveraged long positions.
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