BlockBeats News, August 20th, yesterday the crypto market saw an epic short squeeze liquidation. A total of over $2.7 billion in short positions were liquidated across the entire network in 24 hours.
According to TradingBeats (formerly Hyperinsight), on-chain data shows that 8 Bitcoin whale shorts were liquidated for over $10 million each, and 2 Ethereum whale shorts were liquidated for over $10 million each. Specifically:
Whale 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 had a $96.39 million Bitcoin short liquidated;
Whale 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902 (pension-usdt.eth) had a $108 million Ethereum short liquidated;
Whale 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 (bowen1476) had a $71.46 million Bitcoin short liquidated;
Whale 0x8eff8ff863c1a54ec6697b7ad98fe30aa344bd5e (Shamrocked) had a $61.11 million Bitcoin short liquidated.

