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A trader liquidated their $56.68 million USD Bitcoin short position, resulting in a $1.94 million USD loss.

BlockBeats News, May 5th, according to LookIntoChain's monitoring, a trader liquidated his $56.68 million Bitcoin short position with a loss of $1.94 million 1 hour ago.


Furthermore, the trader had previously shorted Bitcoin 11 times, accumulating a total profit of $1.71 million. This loss wiped out all the profits from the previous 11 trades.

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On-Chain Activity
5min ago

A whale has accumulated a total of 16,900 ETH and has further increased its position today by acquiring an additional 900 ETH.

33min ago

A whale longed 63 bitcoins, worth approximately $5.1 million

57min ago

A newly created address has taken a 6x leverage long position on 768,058 TON tokens, worth approximately $1.31 million.

1h ago

A trader liquidated their $56.68 million USD Bitcoin short position, resulting in a $1.94 million USD loss.

24H Important News
2026-05-05
A whale has accumulated a total of 16,900 ETH and has further increased its position today by acquiring an additional 900 ETH.
Standard Chartered's venture capital arm invests in cryptocurrency company GSR at a $1 billion valuation
A newly created address has taken a 6x leverage long position on 768,058 TON tokens, worth approximately $1.31 million.
A trader liquidated their $56.68 million USD Bitcoin short position, resulting in a $1.94 million USD loss.
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