A certain address had a 404.86 BTC long position liquidated within 12 hours.
Original headline某地址 12 小时内 404.86 枚 BTC 多仓被清算
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Address 0x01e2 saw 404.86 BTC in long positions, worth roughly $28.9 million, liquidated across six separate events within a 12-hour window, according to Lookonchain data cited by TechFlow on November 13. The address still held 143.84 BTC in longs valued at about $10.2 million at the time of reporting, with a liquidation price of $70,712.57. The repeated hits underscore how quickly leveraged bitcoin longs can be wiped out during sharp price swings. Traders will be watching whether BTC holds above the $70,700 level to keep the remaining position intact.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), 0x01e2, Lookonchain
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