BREAKING
122d 5h ago

BTC Crash Triggers Massive Aave Liquidations: Whales Lose $23.9M in cbBTC

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG reported on October 11 that on-chain monitoring by PeckShieldAlert recorded a significant market move: as BTC fell about 8.44%, a whale address (0xddf7…8ce5) was subject to a liquidation on the Aave protocol, incurring an estimated loss of $14.4 million in cbBTC.

The same monitoring data indicates a second large holder (0xee7c…2954) was liquidated while holding long exposure to cbBTC on Aave, with an approximate markdown of $9.5 million. These on-chain liquidations highlight concentrated margin risk and protocol exposure during abrupt BTC drawdowns.

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