Bitcoin Trader’s Short Hit by Six Liquidations Totaling 199.83 BTC

Six liquidations were recorded against trader 0x4b62’s Bitcoin (BTC) short over roughly two hours, totaling 199.83 BTC worth $15.45 million as BTC rebounded above $78,000. The account still held a short position of 70.99 BTC, valued at $5.5 million. That remaining position had a new liquidation price of $78,192.79. The six liquidations and open short relate to 0x4b62 alone and do not represent Bitcoin liquidations across the market. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.