The 25x Ethereum Long of "Buddy" has been fully liquidated, with a total loss exceeding $20.23 million

On November 21st, when combined with the compiled Bitmine latest position data by analyst Yujin, as of the 21st, Bitmine holds 3.56 million ETH. The average price is $4009. The unrealized loss ratio is 31.87%, and the unrealized loss amount is $4.531 billion.

November 21st. According to the monitoring of Hyperinsight (https://t.me/HyperInsight), on November 21st, BTC briefly fell to $81,000. Within one hour, the on-chain activities of prominent long-position whales were as follows: 「CZ Counterparty」 Whale: The long positions of ETH and XRP were partially liquidated, resulting in a loss of $7.3 million. The current unrealized loss of the account is $37.1 million, and the total position size is approximately $220 million. It is now the largest long position for ETH and XRP on Hyperliquid; 「Buddy」: The long positions of ETH were liquidated 4 times in a row, and a 25x leveraged long position of ETH with $16,000 was reopened; 「Long All Shitcoins」 Whale: Except for ASTER and STRK, the remaining 20 shitcoins all suffered significant losses, and all margins were locked. The current total position size is approximately $24.07 million; 「Precise Long ZEC」 Whale: The floating profits increased from $400,000 to $900,000, and the position size is app

On November 21st, André Dragosch, the European Head of Research at Bitwise, stated that the "max pain" range for Bitcoin might be around $84,000 based on IBIT's cost basis or around $73,000 based on MicroStrategy's cost basis. Once either of these levels is attained, the market may witness the ultimate bottom. He referred to these prices as potential "liquidation prices," which could imply a complete reset of the current cycle.

On November 21st, as per the monitoring of LookOnChain, the former world boxing champion and millionaire Andrew Tate once again went long on BTC today. However, just an hour later, he was liquidated once again. He has now been liquidated 84 times on the Hyperliquid platform.

On November 21st, Andrei Grachev, the leader of DWF Labs, announced on the X platform that DWF Labs will soon disclose a new fund with a range of $30 million to $75 million. This fund will utilize only DWF Labs' own funds and will focus on DeFi/CeDeFi products.

On November 21st, according to HTX market data, Bitcoin rapidly dropped below $82,000 in the afternoon. As of the time of writing, Bitcoin is currently trading at $84,271, with a cumulative decrease of 9.88% this year. In addition, Ethereum has experienced a cumulative decrease of 17.88% this year.