Crypto Live NewsAuthor: Mustafa Mulla
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Author: Mustafa MullaMustafa Mulla 
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Sep 7, 2024 18:44
Mustafa Mulla
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Whale activity in the Bitcoin and altcoin markets never fails to surprise, especially when they make huge gains or face major liquidation threats. Right now, a massive Bitcoin whale is on the edge of liquidating 488.45 $WBTC (about $26 million) on Compound. According to Lookonchain, this whale’s health rate plummets to 1.07, and the liquidation price is set at $50,429. This isn’t the first time this address has been hit hard; during the 2022 crypto crash, it was liquidated three times, losing approximately $32.8 million in assets.
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