The post Unlucky Altcoin Whale Gets Liquidated for the Third Time! Lost $18.5 Million, Could Lose Another $51 Million in Bitcoin! appeared on BitcoinEthereumNews.com.

While the sharp declines in Bitcoin (BTC) and altcoins negatively affected many investors, millions of dollars evaporated in the last 24 hours. At this point, whales, known as big investors, suffered the most losses from the declines, while an Ethereum whale faced a $5 million liquidation for the third time. According to Lookonchain’s post, a crypto whale is facing constant liquidations. According to the data, this is the third time a whale has been liquidated in the last 35 days, losing $18.5 million in the process. Accordingly, the giant whale suffered a huge loss of $5 million in Ethereum (ETH) transactions today. This whale, whose 1,495 ETH worth $4.97 million was liquidated, is at risk of liquidation of $51.1 million in Bitcoin. This whale liquidated 44.86 WBTC (worth $4.37 million) on December 10, 2024. On December 6, 2024, 95.46 WBTC (worth $9.25 million) were liquidated. This investor currently holds 541.68 WBTC (worth $51.1 million) in Aave and will become liquid again if the BTC price drops to $90,810. A trader was liquidated for 1,495 $ETH ($4.97M) again 9 hours ago—the third time in the past 35 days. On Dec 10, 2024, 44.86 $WBTC ($4.37M) was liquidated. On Dec 6, 2024, 95.46 $WBTC ($9.25M) was liquidated. This trader currently holds 541.68 $WBTC($51.1M) on #Aave and will… pic.twitter.com/RR8PMPq9Xi — Lookonchain (@lookonchain) January 9, 2025 *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/unlucky-altcoin-whale-gets-liquidated-for-the-third-time-lost-18-5-million-could-lose-another-51-million-in-bitcoin/

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Filed under: News - @ January 9, 2025 6:22 pm