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$125M Bitcoin short faces liquidation risk as BTC price dips near $62,650.

Market News
14 Aug 2026
Dailycoin
View Source
Bearish
$125M Bitcoin short faces liquidation risk as BTC price dips near $62,650.

A large $125 million Bitcoin short position held by a trader known as Gambler 0xff84 is at risk of liquidation as Bitcoin's price dips to around $62,650. The trader holds 2,000 BTC short with a liquidation price at $63,528.92, betting on further price declines. If Bitcoin falls further, it could trigger more liquidations and worsen the bearish trend, but if Bitcoin rebounds, the short position could lead to losses for the whale. This position highlights the current market's fear-driven volatility and the importance of key support levels in the coming days.

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