A certain whale used 40x leverage to go long on BTC, losing a total of $1,167,000 in the past 24 hours.

MarsBitNews · 2026-03-02T02:14:28+00:00

A cryptocurrency trader using 40x leverage was liquidated after BTC price dropped to $65,056, incurring a loss of $1.167 million. The position carried extremely high risk, and there are currently $13.75 million in long positions.

MarsBitNews

2026-03-02 02:14:28

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According to Mars Finance, on-chain analyst Ai Yi (@ai 9684xtpa) monitored that a cryptocurrency trader using 40x leverage experienced a massive liquidation when BTC price dropped to $65,056. The trader lost a total of $1.167 million in the past 24 hours. The trader was liquidated of 395.14 BTC, losing $520,000, and their SOL long position also turned from profit to loss. Currently, the account still holds about $13.75 million in long positions, including 500 BTC longs, with a liquidation price of $65,930 and very little margin of safety.

BTC-0.6%

SOL-2.27%

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