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Crypto Market Flash Crash, 'Buddy' Liquidated

BlockBeats News, May 18th, according to HyperInsight monitoring, this morning the crypto market experienced a flash crash, with Bitcoin briefly dropping below $77,000 and Ethereum briefly dropping below $2,100. As a result, the "buddy" 25x leveraged Ethereum long position was liquidated again. However, he promptly reopened a long position on ETH.

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On-Chain Activity

1min ago

A whale recently sold $35.73 million worth of WBTC over the past 3 days, still holding over $100 million in ETH and WBTC on-chain

59min ago

Whale Evaded Order to Open 10x Long Position on ZEC and HYPE, Holding a Total Position Value of $24 million

10h ago

Two wallets spent $2.33 million in the past 5 hours to buy 656,338 UNI.

11h ago

A certain whale has once again increased their short position by buying an additional 75,000 HYPE tokens, now holding a HYPE short position worth $16.02 million.

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