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BTC $79,822.46 -2.10%
ETH $2,320.07 -3.34%
BNB $723.72 -3.16%
XRP $1.27 -3.28%
SOL $99.71 -4.44%
TRX $0.3288 -0.25%
DOGE $0.0757 -5.09%
ADA $0.2033 -5.62%
BCH $272.07 -4.31%
LINK $11.38 -5.15%
HYPE $74.97 -3.86%
AAVE $135.05 -8.03%
SUI $0.9223 -6.65%
XLM $0.1687 -4.37%
ZEC $1,129.06 -7.79%
AAPL $346.75 -0.36%
AMZN $247.88 -0.61%
GOOGL $319.95 -1.28%
MSFT $522.24 -0.55%
META $640.00 -1.15%
NVDA $211.18 -0.84%
TSLA $369.47 -1.85%
SNDK $1,221.40 -4.73%
INTC $85.71 -1.04%
SPCX $145.88 -1.44%
MU $872.99 -1.31%
AMD $512.66 -1.39%

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The former largest BTC bull was liquidated 24 times within 24 hours, having placed a long bet on the end of the war at the node where Khamenei was assassinated

According to Hyperinsight monitoring, the largest long address for BTC (0xdf1) has faced 4 liquidations in the past hour, with a total liquidation value of approximately $3.9 million. Thus, this address has been liquidated a total of 24 times in the past 24 hours, with account funds plummeting from a high of about $2.66 million yesterday to just $140,000, a drawdown of over 94.7%. The next liquidation price for its remaining BTC holdings is at $65,370.On March 1, after the official announcement of the assassination of Iran's Supreme Leader Khamenei, this address quickly opened a long position in BTC with 40x leverage, possibly betting that the war would soon end and the market would recover. Its BTC long position once reached 1,000 coins (approximately $66.83 million), making it the largest long position on-chain at that time, with a liquidation price of about $66,560. The funds for this heavy bet did not come from new margin but rather from the unrealized gains of a long position in SOL.On February 28, this address deposited approximately $470,000 into Hyperliquid, using high leverage to bottom fish SOL at an average price of $78. The next day, SOL rose to $88, and its principal once increased more than 5 times. This unrealized gain supported its bet on BTC, but also amplified the liquidation risk for both positions as prices declined.
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