Markets· ★★· bearish·

Market slump triggers liquidation of 121.33 BTC whale position worth $9.91M

  • —121.33 BTC worth roughly $9.91 million was liquidated
  • —The liquidation came amid a broader crypto market decline
  • —Lookonchain tracked the liquidation
Why it matters: The case highlights how a market downturn can wipe out leveraged whale positions and add selling pressure.
Source: PANews