BTC plunged to $82,000 hours ago for the first time since April.BTC plunged to $82,000 hours ago for the first time since April.

Bitcoin’s Crash to $82K Liquidates Andrew Tate, the ‘Anti-CZ’ Whale, and More: Details Inside

With almost $2 billion worth of liquidations over the past 24 hours due to the massive price crashes in the cryptocurrency industry, it’s no wonder that some well-known names have taken big hits.

Perhaps the most notable name, which was brought up by Lookonchain today, was Andrew Tate, who extended his quite painful streak on Hyperliquid, getting liquidated for the 84th time.

Another big name in the cryptocurrency industry who received their fair share of fame is the so-called ‘Anti-CZ whale.’ The entity started opening positions in stark contrast to Binance’s founder, Changpeng Zhao, including shorting ASTER after its massive run following CZ’s purchase last month.

At one point, their profit skyrocketed to almost $100 million, but it has decreased substantially by around 70% due to the latest market calamity.

Lastly, Lookonchain updated about Machi Big Brother, another popular futures trader who continues to double down on long positions, despite being currently in a loss of over $20 million.

The total value of wrecked positions across the entire market has shot up to almost $2 billion, according to data from CoinGlass. More than 400,000 traders have been wrecked within this timeframe. The single-largest wiped-out position took place on Hyperliquid and was worth $36.78 million.

Naturally, longs are responsible for the lion’s share, with $1.82 billion in liquidations. BTC leads the pack with almost $1 billion daily due to its massive collapse from $92,000 yesterday at this time to $82,000 as of press time.

Many altcoins, such as ETH, XRP, SOL, DOGE, ADA, HYPE, and LINK, have posted even more significant losses of up to 15% in the case of Hyperliquid’s native token. The entire market cap has bled nearly $300 billion and is down to $2.930 trillion on CG.

The post Bitcoin’s Crash to $82K Liquidates Andrew Tate, the ‘Anti-CZ’ Whale, and More: Details Inside appeared first on CryptoPotato.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002249
$0.002249$0.002249
+3.83%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.