The post Whale Liquidated for $61.5 Million as Bitcoin Tumbled to New Lows appeared on BitcoinEthereumNews.com. Home » Crypto Bits Machi Big Brother was also partiallyThe post Whale Liquidated for $61.5 Million as Bitcoin Tumbled to New Lows appeared on BitcoinEthereumNews.com. Home » Crypto Bits Machi Big Brother was also partially

Whale Liquidated for $61.5 Million as Bitcoin Tumbled to New Lows

Home » Crypto Bits


Machi Big Brother was also partially wrecked as ETH’s price dropped by $200.

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

It was another sharp drop for bitcoin earlier this morning when the asset plunged to its lowest level in over two weeks at under $64,500.

Given the extent and speed of the crash, the total value of wrecked positions skyrocketed within hours to almost $500 million. Within this timeframe, almost 140,000 traders were wrecked, according to data from CoinGlass. However, one case in particular raised a few eyebrows.

An unknown whale was wrecked for $61.51 million in the past day during BTC’s painful drop. The liquidation took place on HTX and involved the BTC/USDT trading pair.

Cryptocurrency Liquidations Daily. Source: CoinGlass

Another whale that was hit during the dip was Machi Big Brother – the Taiwanese-American entrepreneur and former musician, whose real name is Jeffrey Huang.

Data from Lookonchain shows that he was partially liquidated on his ETH position. CryptoPotato reported a few days ago that his entire crypto portfolio had fallen below $1 million, posting a loss of around $28 million.

Although that amount has risen to over $28.8 million following the latest liquidation, he continues to build on his Ethereum longs, now holding 1,700 tokens, worth $3.2 million.

ETH’s price was rejected at $2,000 over the weekend and plunged to $1,850 for the first time since the February 6 crash, when it bottomed at $1,750.

You may also like:

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Source: https://cryptopotato.com/whale-liquidated-for-61-5-million-as-bitcoin-tumbled-to-new-lows/

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0009254
$0.0009254$0.0009254
+8.66%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

RippleX Unveils XRPL DeFi Roadmap: Key Highlights Inside…

RippleX Unveils XRPL DeFi Roadmap: Key Highlights Inside…

The post RippleX Unveils XRPL DeFi Roadmap: Key Highlights Inside… appeared on BitcoinEthereumNews.com. RippleX has announced the next phase of its XRPL Institutional DeFi roadmap. The update focuses on compliance, lending, and privacy. It signals a clear push to bring regulated players on-chain. RippleX is Ripple’s developer and innovation arm. It supports the XRPL (XRP Ledger) ecosystem, funds projects, and develops features like tokenization and DeFi tooling. Roadmap Highlights The roadmap outlines three pillars for growth. First, compliance features like Credentials and Deep Freeze are already live. Second, a native lending protocol will launch with XRPL Version 3.0.0 later this year. Sponsored Sponsored Third, zero-knowledge proof (ZKP) integrations are in development. These will enable confidential transactions while keeping regulators satisfied. RippleX expects confidential Multi-Purpose Tokens (MPTs) in early 2026. RippleX XRPL Roadmap. Source: RippleX XRPL has recorded over $1 billion in monthly stablecoin volume. It now ranks in the top 10 chains for real-world asset activity. RippleX sees these milestones as proof that institutional DeFi is scaling fast. “This momentum underscores XRPL’s evolution into a leading blockchain for real-world finance. The ledger is increasingly positioned to power two of the most significant use cases in global markets today: stablecoin payments and collateral management, with tokenization providing the essential foundation. What began as an ambitious vision for regulated, on-chain finance is now rapidly becoming industry standard,” RippleX said in a press release shared with BeInCrypto. This shift mirrors what we have seen in tokenization markets. BeInCrypto recently reported on the US Department of Commerce’s plans to put macroeconomic data like GDP and PCE Index on the blockchain, highlighting growing mainstream adoption of digital assets. XRPL’s Multi-Purpose Token (MPT) standard is part of that same wave, aiming to give issuers tools for regulated on-chain finance. We also covered the rise of compliance-first DeFi platforms earlier this year. Ripple’s permissioned DEX launch was one example of…
Share
BitcoinEthereumNews2025/09/23 00:53
Italy becomes first EU country to pass comprehensive AI law

Italy becomes first EU country to pass comprehensive AI law

Italy has formally passed a sweeping new law to regulate artificial intelligence, becoming the first member of the European Union to roll out comprehensive legislation in step with the bloc’s landmark AI Act. The Italian Senate granted final approval after a year of debate, concluding what Prime Minister Giorgia Meloni’s government described as a decisive […]
Share
Cryptopolitan2025/09/18 04:00
The Vistria Group Announces New Partnership with Lumen Holdings to Capitalize on Growth in Specialty MGA Market

The Vistria Group Announces New Partnership with Lumen Holdings to Capitalize on Growth in Specialty MGA Market

Dallas-based underwriting platform operates across 30+ states with proprietary KURRENT technology system CHICAGO and DALLAS, Feb. 23, 2026 /PRNewswire/ — The Vistria
Share
AI Journal2026/02/23 19:31