Two Whale Addresses Lose $47.2M Combined in Bitcoin Liquidations on May 28

BTC-2.93%

According to BlockBeats monitoring via Hyperinsight, two high-leverage Bitcoin addresses suffered massive liquidations on May 28 as the market declined sharply.

Whale address 0xaea was liquidated twice, losing 208 BTC long positions worth approximately $15.3 million, with losses of around $270,000 marking the largest single liquidation event on-chain. Whale address 0x76d manually closed BTC longs across four transactions to avoid liquidation, cutting 497 BTC (worth approximately $31.9 million) for losses of about $460,000.

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