Bitcoin Rises to $57,700, Whale Liquidates $28 Million
A Bitcoin whale is at risk of a $28 million WBTC liquidation, as price movements suggest further declines ahead.
The recent price fluctuations of Bitcoin [BTC] continue to frustrate traders as uncertainty looms over the âking of cryptocurrencies.â While other cryptocurrencies have experienced similar declines, BTC has been particularly affected by whale activity.
One prominent whale is at risk of liquidating 488.45 WBTC, valued at $28 million, on Compound [COMP], with a health ratio of 1.07 and a liquidation price of $50,429.
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