{"id":134922,"date":"2024-08-05T12:36:43","date_gmt":"2024-08-05T09:36:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134922"},"modified":"2024-08-05T12:37:19","modified_gmt":"2024-08-05T09:37:19","slug":"crypto-market-%d1%81lump-has-left-traders-with-millions-of-dollars-in-losses","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-market-%d1%81lump-has-left-traders-with-millions-of-dollars-in-losses\/","title":{"rendered":"Crypto Market Slump Has Left Traders With Millions of Dollars in Losses"},"content":{"rendered":"<p>Blockchain security company PeckShield <strong><a href=\"https:\/\/x.com\/PeckShieldAlert\/status\/1820292572281294905?t=XmWFjPW-XXWFqGA2JVwXPA&amp;s=19\" target=\"_blank\">found<\/a><\/strong> that on Monday morning, a whale portfolio designated as &#8220;<em>0xac4e&#8230;7597f<\/em>&#8221; that had a long position in perpetual Ethereum (ETH) contracts experienced liquidations worth 7,467.5 <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">ETH<\/a><\/strong>, which equates to approximately $22.3 million.<\/p>\n<p>Another trader, identified by the address &#8220;0x0b5a&#8230;d8c5,&#8221; had lost close to $6 million, accompanied by 2 other Ethereum whales who lost $5.8 million and $7.38 million respectively.<\/p>\n<p>These losses were part of a larger market crash that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/crypto-market-faces-liquidations-of-over-1-billion-in-last-24-hours\/\">resulted<\/a><\/strong> in the liquidation of over $1 billion in digital assets on various exchanges.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-company-shook-the-market-by-transfering-hundreds-of-millions\/\" title=\"Crypto Company Shook the Market by Transfering Hundreds of Millions\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/pexels-trading-analysis8134650_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Company Shook the Market by Transfering Hundreds of Millions<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>These liquidations occurred primarily on exchanges such as Binance, HTX, Bybit, BitMEX, and OKX. The largest single liquidation order took place on Huobi via the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>\/USD pair worth around $27 million.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-123319\" src=\"https:\/\/cryptodnes.bg\/wp-content\/uploads\/2024\/08\/Screenshot-2024-08-05-at-12.32.20.png\" alt=\"\" width=\"1564\" height=\"712\" \/><\/p>\n<p>Crypto traders on Binance lost around $415 million as the bears outnumbered the bulls over the weekend. Similarly, OKX saw losses of around $324 million, while Huobi traders lost approximately $148.7 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market has recently experienced a significant downturn, resulting in large losses for many investors.<\/p>\n","protected":false},"author":7,"featured_media":69646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-134922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Market Slump Has Left Traders With Millions of Dollars in Losses<\/title>\n<meta name=\"description\" content=\"The cryptocurrency market has 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