Whale Hit With $61.51 Million Liquidation as Bitcoin Slides Below $64,500

Bitcoin dropped earlier in the day to below $64,500, its lowest level in over two weeks, triggering almost $500 million in liquidations and impacting around 140,000 traders. One unidentified whale on HTX lost $61.51 million on a BTC/USDT position, while Machi Big Brother was partially liquidated on his Ethereum longs. His crypto portfolio loss has now exceeded $28.8 million, even as he continues to hold 1,700 ETH worth about $3.2 million.