- Bitcoin liquidations surpass $3.37B in seven days as whales and traders take on aggressive high-leverage bets amid extreme volatility.
- Whale 0x7e8b suffers major losses but returns with a 40x BTC long, reflecting relentless risk appetite in turbulent market conditions.
- Binance leads in liquidation volume as sharp price swings from $96K to $107K trigger cascading liquidations across major exchanges.
Bitcoin faces sharp volatility as high-leverage trading leads to massive liquidations across major crypto exchanges. The price of BTC hovers near $107,500, up 0.48% over 24 hours. However, recent market instability tied to geopolitical tensions, notably between Iran and Israel, triggered violent price swings. These movements wiped out billions in leveraged positions, as revealed by fresh data from Coinglass and HyperDash.
AguilaTrades opened a 20x BTC short worth over $95 million with a liquidation level at $112,932. This move came amid heavy trading activity, reflecting growing trader confidence in short-term downside potential. Meanwhile, the same trader, with the wallet address 0x7e8b, was liquidated during a recent dip, according to Lookonchain. The position included 965 BTC and 12,024 ETH, resulting in a loss of over $3.5 million.
Whale Activity Resurfaces Amid High-Risk Leverage
Despite the liquidation, the same whale re-entered the market with a 40x long BTC position. According to HyperDash, this trade is now $1.79 million in unrealized profit. The return of such aggressive trading highlights continued speculative appetite. Moreover, it shows that whales remain undeterred by recent volatility.
Besides, Coinglass data reveals cumulative liquidation volumes have topped $3.37 billion over the past seven days. Short liquidations dominated early trading, with some reaching over $100 million in a single session. Long positions, however, suffered midway through the charted timeframe.
Source: Coinglass
Exchange Maps Reveal Liquidation Patterns
Additionally, exchange-specific data shows Binance leading in total liquidation volume. OKX and Bybit also contributed heavily, with each exchange displaying high activity during rapid price moves. The one-day liquidation map shows a sharp V-shaped BTC price movement. A steep decline was followed by a solid rebound.
However, reduced liquidation intensity toward the end of the session suggests stabilization. Hence, Bitcoin may be entering a brief consolidation phase. The current price range between $96,000 and $107,000 shows strong support and resistance boundaries.
Source: Coinglass
Consequently, leverage-fueled volatility remains a core market theme. Market makers, traders, and whales alike face amplified risk during these high-stakes movements. Bitcoin’s price discovery process continues, but caution dominates sentiment amid cascading liquidations and leveraged trading extremes.
