Unlucky Altcoin Whale Liquidated for the Third Time! Lost $18.5 Million, Bitcoin May Lose Another $51 Million!

Bitcoin (BTC) ve altcoinWhile the sharp declines in the financial markets negatively affected many investors, millions of dollars evaporated in the last 24 hours.

At this point, whales, known as big investors, suffered the most from the declines, while Ethereum whale faced a $5 million liquidation for the third time.

According to Lookonchain’s post, a cryptocurrency whale is facing constant liquidations.

According to data, a whale liquidated for the third time in the last 35 days and lost $18.5 million during this time.

Accordingly, the giant whale is still alive today. Ethereum (ETH) suffered a huge loss of $5 million in the transaction.

This whale, whose 1,495 ETH worth $4.97 million has been liquidated, faces a liquidation risk of $51.1 million in Bitcoin.

This whale had 44.86 WBTC (worth $4.37 million) liquidated on December 10, 2024.

On December 6, 2024, 95.46 WBTC (worth $9.25 million) was liquidated.

This investor currently holds 541.68 WBTC ($51.1 million worth) on Aave and will become liquid again if the BTC price drops to $90,810.

A trader was liquidated for 1,495 $ETH ($4.97M) again 9 hours ago—the third time in the past 35 days.

On Dec 10, 2024, 44.86 $WBTC ($4.37M) was liquidated.

On Dec 6, 2024, 95.46 $WBTC ($9.25M) was liquidated.

This trader currently holds 541.68 $WBTC($51.1M) on #Ghost and will… pic.twitter.com/RR8PMPq9Xi

— Lookonchain (@lookonchain) January 9, 2025

*This is not investment advice.