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1600W Margin explosion. A Whale on HL has been taken away again..
Alright, the Whale that was taken away today is the "Insider Brother" that went viral a few months ago..
In March, he publicly opened a short position of 500 million on the chain... which once triggered a concentrated slaughter in the crypto circle... (although that wave did not succeed in the slaughter)
Later, after he calmed down for a while, at the end of June, he shorted Bitcoin and Ethereum again using a new address around 105000.
You all know the subsequent plot.. As it kept rising, his position triggered N times a 20% liquidation.. (A large position at HL won't get completely liquidated at once, but rather in increments of 20%.. to reduce the impact on the market)
With the new high of Bitcoin yesterday, his 16 million Margin has only 60,000 left after being cleared.
So he doesn't have inside information.. he's just a gambler...
Whale has taken away another one...