The recent drop has knocked down the two major bulls that the market has been paying attention to.
"Brother Maji" Huang Licheng's long position is facing a floating loss of 13.68 million dollars. His current largest position is a 25x Ethereum long, with a position value of 98.98 million dollars, a floating loss of 11.85 million dollars, and a liquidation price of 3,115 dollars.
Another whale, who had a "$125,000 rolling long position," closed out after suffering huge losses and now has less than a million in their account.
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