BTC Morning "Wick" Liquidation Hits Multiple Short Positions, Whale Manually Liquidates $12 Million Position
BlockBeats News, June 8th, according to Hyperinsight monitoring, this morning BTC experienced a short-term sharp rise within 5 minutes, reaching above $64,000. During this minute-level "price spike," several large short positions in the $63,000 to $64,000 range were liquidated in succession. The Hyperliquid platform underwent 10 consecutive million-dollar liquidations, with the largest single liquidation amounting to $6.06 million and a liquidation price of $63,224.
The largest liquidation in this round of trading was a 40x leveraged BTC short position opened last Friday. The address was shorting 195.8 BTC. As BTC plunged from $62,700 to $63,700 this morning, the trader manually closed part of the position whenever it approached the liquidation price. Within one minute, the position was manually closed 6 times. In total, 190 BTC were liquidated passively last night and this morning, totaling approximately $12.3 million. Currently, the remaining position is a short of 5.8 BTC.
Address: 0xdfbdbc3ab86f6939cd303ea2b7f9c1b3a4e0685f
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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