「Whale Tracking」: Yesterday, less than 2% of BTC short liquidations flipped long, with a $34 million long position close to being liquidated.

BlockBeats News, August 26th, according to TradingBeats monitoring, yesterday only 2% away from liquidation, the short address 0x6046 has closed out a short position of 559.36 BTC, with a loss of approximately $810,100.

After closing the short position in about 10 minutes, the address immediately went long, buying 428.287 BTC for approximately $34.59 million, with an average entry price of $80,761 per BTC.

The current unrealized loss has once again expanded to approximately $677,100. Including the previous short position loss, the total realized losses from the two directional switches of the address amount to approximately $1.487 million, exceeding the account's current equity of approximately $1.277 million.

At the time of writing, BTC is currently trading at $79,181. The settlement price is around $77,163, only about 2.5% away from the current price. The address currently does not have any visible BTC stop-loss or sell orders.

Previous News: If BTC Continues to Rise by 2%, It Will Force a Whale Who Shorted $45.22 Million Yesterday to Liquidate