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A certain short whale closed another 500 BTC to avoid liquidation, with cumulative losses exceeding $1.5 million.

2026.08.07 - 13:36

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TechFlow news, August 07, according to monitoring by on-chain analysis platform Lookonchain (@lookonchain), the trader who previously shorted 1,600 BTC closed another 500 BTC (approximately $32.58 million) short position to avoid liquidation risk, current remaining position is 900 BTC (approximately $58.6 million), new liquidation price is $64,998.73, current accumulated loss has exceeded $1.5 million.

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