Major Liquidation Alert: $26.5 Million WBTC at Risk of Liquidation!

The activities of whales in the Bitcoin and altcoin markets are always surprising, especially when they make huge profits or face the risk of a major liquidation. Currently, a Bitcoin whale is at risk of liquidating 488.45 $WBTC (equivalent to about $26 million) on the Compound platform. According to Lookonchain, the health ratio of this address has dropped to 1.07, with the liquidation price set at $50,429. This is not the first time this address has been in trouble; during the 2022 crypto crash, the address was liquidated three times, losing about $32.8 million in assets.

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