Whale Liquidation Alert! $4.97M ETH Gone Again—3rd Time in 35 Days
Whale Struggles Continue: Massive Liquidations Shake the Market! 💥
In a dramatic turn, a whale trader was liquidated for 1,495 $ETH ($4.97M) just 9 hours ago, marking their third major liquidation in the past 35 days.
Dec 10, 2024: 44.86 $WBTC ($4.37M) liquidated.
Dec 6, 2024: 95.46 $WBTC ($9.25M) liquidated.
Whale on the Edge 💥
This trader still holds a massive 541.68 $WBTC ($51.1M) on #Aave. However, if $BTC drops to $90,810, they face another liquidation—and it could be catastrophic.
What’s Happening? 🤔
Aggressive Leverage: This whale’s high-risk strategy is leading to repeated liquidations.
Market Fear: Traders are watching closely as these events put pressure on crypto prices.
Emotions Running High 😨
For the Whale: Three liquidations in 35 days? It’s a rollercoaster of losses.
For Traders: Fear of further liquidations could drive more volatility.
Key Takeaways 🔍
If BTC holds strong, the whale may recover, but if prices dip further, another big liquidation could send shockwaves through the market.
Keep an eye on $90,810 BTC—this level is crucial!
Leverage is a double-edged sword. This whale’s situation is a warning to all traders: manage your risk, secure your positions, and always plan for the unexpected. Stay safe out there!