Crypto Live News
Author: Mustafa Mulla
Author: Mustafa Mulla
Mustafa Mulla 
Author
Sep 7, 2024 18:44
Mustafa Mulla
Author
Whale activity in the Bitcoin and altcoin markets never fails to surprise, especially when they make huge gains or face major liquidation threats. Right now, a massive Bitcoin whale is on the edge of liquidating 488.45 $WBTC (about $26 million) on Compound. According to Lookonchain, this whale’s health rate plummets to 1.07, and the liquidation price is set at $50,429. This isn’t the first time this address has been hit hard; during the 2022 crypto crash, it was liquidated three times, losing approximately $32.8 million in assets.
