The cryptocurrency market has experienced an epic bearish trend, with over 2.7 billion US dollars of short orders cleared across the entire network

On August 19th, the cryptocurrency market experienced an epic sell-off, with over 2.7 billion US dollars of short positions cleared across the entire network within 24 hours. According to TradingBeats monitoring, there are a total of 8 Bitcoin short order whales on the chain with a clearing scale exceeding $10 million, and 2 Ethereum short order whales with a clearing scale exceeding $10 million. Among them, Whale 0x8c96... ca57's Bitcoin empty position worth 96.39 million US dollars was liquidated; Whale 0x0df... a902 Ethereum empty order worth $108 million cleared; Whale 0x004e... 1 bb8 worth $71.46 million Bitcoin empty position cleared; Whale 0x8eff... bd5e Bitcoin empty position worth $61.11 million cleared.