Whale closes leveraged position of 700 Bitcoins… $21,680,000 loss

Source
Uk Jin

Summary

  • Recently, Bitcoin plunged, and a whale investor reportedly suffered a major loss.
  • Amber CN said the whale closed out all 700 Bitcoins borrowed through a lending platform.
  • The whale is reported to have suffered a $21,680,000 loss in this downturn.

Recently, Bitcoin (BTC) plunged, and a whale investor reportedly suffered a major loss.

On the 22nd (Korean time), Amber CN reported via X (formerly Twitter), "A whale recently closed out all 700 Bitcoins borrowed through a lending platform."

The whale is said to have suffered a loss of $21,680,000 in this downturn.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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