Digital Currency
Add as a preferred source on GoogleThe report identifies a Bitcoin long and an Official Trump short.
On-chain analyst EmberCN reported that a whale lost $740,000 across two liquidations: a $33.7 million Bitcoin (BTC) long liquidated during a decline for a $620,000 loss, followed by a $2.57 million Official Trump (TRUMP) short liquidated during a rebound for a $120,000 loss.
The three-exchange tally counted 10,245 liquidation events during the hour ending at 6:20 p.m. ET (23:20 UTC) on Nov. 5.
At 12:23 p.m. ET (17:23 UTC), Bitcoin was at $76,029 and Solana was at $89.81, both down over 24 hours.
U.S. spot Bitcoin funds recorded net withdrawals of roughly $1 billion across two sessions in the Binance hack’s aftermath.
