Approximately $140 million in BTC and ETH long positions held by a whale were liquidated, resulting in realized losses exceeding $49 million.

on November 9, on-chain analyst Yu Jin observed that a whale, who previously held a long position worth approximately $253 million, was hit with a large-scale liquidation during the market downturn around 6 AM this morning, with approximately $140 million in BTC and ETH long positions being forcibly liquidated.

Of these, approximately 63,000 ETH long positions were liquidated, valued at around $135 million, resulting in a realized loss of $48.47 million; additionally, 60.8 BTC long positions were liquidated, valued at approximately $4.56 million, resulting in a realized loss of $550,000.

Currently, the whale still holds BTC and ETH long positions worth approximately $113 million, carrying unrealized losses of about $12.39 million, with liquidation prices set at $72,197 for BTC and $2,004 for ETH.