Major Bitcoin Whale Faces $7.5M Liquidation as BTC Price Drops Below $85,000

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BTC-4,98%

Gate News bot message, A significant liquidation event occurred as Bitcoin’s price fell below $85,000. A cryptocurrency whale experienced a complete liquidation of their BTC long position, resulting in a $7.5 million loss.

The whale’s trading position saw a substantial decline in profits, dropping from $14.9 million to $4.07 million following the liquidation event.

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