Crypto Whale’s Unrealized Profit Reaches $11 Million
A crypto whale is sitting on roughly $11 million in unrealized profit while holding $113 million in long Bitcoin and Ethereum positions.
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A crypto whale is sitting on roughly $11 million in unrealized profit while holding $113 million in long Bitcoin and Ethereum positions.
Leopold Aschenbrenner’s Situational Awareness hedge fund reportedly lost around 90% of its value in just four weeks after heavily leveraged bets on AI infrastructure unraveled during a sharp sector-wide selloff.
Crypto liquidations hit $1.44 billion, approaching levels seen during the COVID crash and the FTX collapse.
Bitcoin drops below $82,000 as $1.75 billion in crypto positions are liquidated during a sharp market selloff.
Bitcoin slips below $84,000 after $500 million in liquidations, dragging total crypto market value down by $200 billion.
Over $289 million in crypto positions were liquidated within an hour as volatility surged across major assets.
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