《BTC Drops to Around 71,500: Latest List of Whale Liquidations or Imminent Liquidations》 With the current price around 71,500, the previous batch of highly leveraged long positions has essentially been wiped out. Below is the latest list of whale liquidations and terminations today (November 12th): 1. A $493 million long position whale, losing $68.59 million. Opened at the end of August, holding long positions in 1543.87 BTC and 115,470 ETH. The last long position of $80.12 million was liquidated around 22:48 today, leaving the account with only $620,000, almost zero. 2. "Iceman" whale, liquidation price $73,762. Holding a 40x leveraged long position of 225 BTC, worth $16.8 million. The account funds vanished! 3. AguilaTrades, liquidation price $73,402. 1. A 40x leveraged long position holding 187.66 BTC has been liquidated. 4. A certain whale on Hyperliquid proactively liquidated all their Hyperliquid positions, resulting in a complete wipeout! Back to square one! 5. A whale on Hyperliquid held a $65 million long position. The liquidation price was around $71,966, and this position has also been wiped out. The leveraged long positions in BTC have been largely liquidated. The current drop to $71,500 is no longer driven by a "chain of liquidations," but rather by a gradual decline after the exhaustion of spot buying. The high-leverage risks have been cleared! The next key level for BTC is whether it can hold at $68,000-$70,000.