BTC Dips Below $100K as Whale’s Compound-Backed WBTC Long Is Liquidated for $6.67 Million

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

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

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 News, citing PeckShield, reported on November 14 that BTC fell below the $100,000 threshold, triggering a liquidation of a long WBTC position on Compound. The whale, identified by the masked wallet 0xceef…ba42, collateralized WBTC and borrowed against it, setting the stage for a notable margin unwind.

According to the same briefing, the WBTC collateral backed borrowings in USDT and DAI, culminating in a liquidation tally of approximately $6.67 million. The episode highlights ongoing risk management considerations for DeFi lenders and cross-chain liquidity amid BTC price swings.

Share News:

Other Breaking News

BREAKING

February 7, 2026 at 07:33:16 AM UTC

GARRETT JIN DEPOSITED 5,000 BTC ($351M) INTO BINANCE.

BREAKING

February 6, 2026 at 09:02:52 PM UTC

$UP added to Coinbase roadmap.

BREAKING

February 6, 2026 at 03:28:45 PM UTC

BITCOIN ROSE BY APPROXIMATELY 15% OVER THE PAST 15 HOURS, MOVING FROM $60,000 TO ABOVE $68,000.

BREAKING