While the sharp declines in Bitcoin (BTC) and altcoins negatively affected many investors, millions of dollars evaporated in the last 24 hours.
At this point, whales, known as big investors, suffered the most losses from the declines, while an Ethereum whale faced a $5 million liquidation for the third time.
According to Lookonchain's post, a crypto whale is facing constant liquidations.
According to the data, this is the third time a whale has been liquidated in the last 35 days, losing $18.5 million in the process.
Accordingly, the giant whale suffered a huge loss of $5 million in Ethereum (ETH) transactions today.
This whale, whose 1,495 ETH worth $4.97 million was liquidated, is at risk of liquidation of $51.1 million in Bitcoin.
This whale liquidated 44.86 WBTC (worth $4.37 million) on December 10, 2024.
On December 6, 2024, 95.46 WBTC (worth $9.25 million) were liquidated.
This investor currently holds 541.68 WBTC (worth $51.1 million) in Aave and will become liquid again if the BTC price drops to $90,810.
*This is not investment advice.