Bitcoin Price Has to Fall Just $750 to Erase a Whale’s $70 Million BTC Long
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A Bitcoin whale opened a roughly $70 million leveraged long position, with liquidation reportedly only about $750 below the prevailing BTC price. The narrow buffer leaves the position highly vulnerable to even a modest downturn and could trigger forced selling if liquidated. The trade highlights elevated leverage and near-term downside risk in Bitcoin’s derivatives market.
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