Lookonchain
A leveraged whale known as 0x01e2 has been liquidated 6 times in the past 12 hours, with a total of 404.86 BTC ($28.9M) wiped out across the run, on-chain data shows.
Remarkably, the address is still in the game. It holds a long position on 143.84 BTC ($10.2M), now carrying a new liquidation price of $70,712.57.
Why it matters
Six liquidations in half a day is not a one-off bad trade, it is a systematic refusal to cut exposure in a falling market. Each wipeout forces forced-selling pressure onto order books and feeds the kind of liquidation cascade that drags spot prices lower.
Market impact
The remaining $10.2M long acts as a live tripwire. If BTC slips toward $70,712, that position unwinds automatically and adds another forced sell into the market. Traders watching liquidation heatmaps will treat the level as a magnet zone, and a break of it could extend the current downtick. For now, the story is a reminder of how fast high leverage gets punished when volatility picks up.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0x01e273fc08012db1b75e8ca93f8139bfac2ee977#perps)
Frequently asked questions
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How much BTC did whale 0x01e2 lose to liquidations?
The whale was liquidated 6 times in the past 12 hours, losing a total of 404.86 BTC, worth roughly $28.9 million at liquidation.
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What position does the whale still hold after the liquidations?
The address still holds a long on 143.84 BTC, worth about $10.2 million, carrying a new liquidation price of $70,712.57.
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Why does one whale's liquidation matter for the broader BTC market?
Forced liquidations trigger automatic selling into order books, and a large remaining position near its liquidation price can act as a magnet zone that accelerates downward price moves.
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At what price does the whale's remaining long get liquidated?
The remaining 143.84 BTC long is set to liquidate at $70,712.57 if Bitcoin trades down to that level.
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What does repeated liquidation say about the whale's trading style?
Six liquidations in 12 hours indicate the trader keeps re-entering leveraged longs instead of cutting exposure, a pattern that amplifies losses in a falling market.
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