The post White Whale Faces $13.37 Million Loss Amid Market Correction appeared on BitcoinEthereumNews.com. Key Points: Substantial unrealized losses for The White Whale in BTC and ETH positions Strong collateral base reduces immediate liquidation risk Current market volatility impacts crypto investments On August 30, 2025, The White Whale’s trading positions faced unrealized losses exceeding $13.37 million, primarily from Bitcoin and Ethereum, as reported by analyst Ai Auntie. Despite significant losses, The White Whale’s low collateral utilization rate of 10% minimizes liquidation risk, influencing Bitcoin and Ethereum market dynamics. Historical Context, Price Data, and Expert Analysis Strong Collateral Shields Against Market Volatility Substantial collateral, totaling $52.25 million and covering these positions, offers a buffer against potential liquidation. This significant collateral reserves mark a conversely secure position amid fluctuating markets, with only 10% collateral utilization to date. Experts and market analysts continue observing The White Whale’s strategic moves closely. Social media discussions indicate heightened interest and careful monitoring of risk decisions, although no immediate industry responses have followed the recent losses. Ai Auntie emphasized the robustness of the trader’s collateralization strategy through recent communications, preserving the position despite evident market pressure. “The White Whale’s five addresses recorded over $13.37M in floating losses following the market correction. The largest unrealized loss, $13.31M, comes from BTC and ETH longs at address 0xb8b…d67d2. Collateral is $52.25M, utilization stands at only 10%.” – Ai Auntie, On-chain Analyst. Market Data and Insights Did you know? Despite the significant floating losses recently observed, The White Whale’s high collateralization mirrors less-than-expected liquidation occurrences ever witnessed in previous volatile markets due to disciplined management. Bitcoin (BTC) currently trades at $108,809.61, with a market capitalization of approximately $2.17 trillion. Data from CoinMarketCap reflects a minor 0.39% uptick within the last 24 hours but a 5.47% dip over seven days. This movement aligns with broader market corrections impacting short-term sentiment. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap… The post White Whale Faces $13.37 Million Loss Amid Market Correction appeared on BitcoinEthereumNews.com. Key Points: Substantial unrealized losses for The White Whale in BTC and ETH positions Strong collateral base reduces immediate liquidation risk Current market volatility impacts crypto investments On August 30, 2025, The White Whale’s trading positions faced unrealized losses exceeding $13.37 million, primarily from Bitcoin and Ethereum, as reported by analyst Ai Auntie. Despite significant losses, The White Whale’s low collateral utilization rate of 10% minimizes liquidation risk, influencing Bitcoin and Ethereum market dynamics. Historical Context, Price Data, and Expert Analysis Strong Collateral Shields Against Market Volatility Substantial collateral, totaling $52.25 million and covering these positions, offers a buffer against potential liquidation. This significant collateral reserves mark a conversely secure position amid fluctuating markets, with only 10% collateral utilization to date. Experts and market analysts continue observing The White Whale’s strategic moves closely. Social media discussions indicate heightened interest and careful monitoring of risk decisions, although no immediate industry responses have followed the recent losses. Ai Auntie emphasized the robustness of the trader’s collateralization strategy through recent communications, preserving the position despite evident market pressure. “The White Whale’s five addresses recorded over $13.37M in floating losses following the market correction. The largest unrealized loss, $13.31M, comes from BTC and ETH longs at address 0xb8b…d67d2. Collateral is $52.25M, utilization stands at only 10%.” – Ai Auntie, On-chain Analyst. Market Data and Insights Did you know? Despite the significant floating losses recently observed, The White Whale’s high collateralization mirrors less-than-expected liquidation occurrences ever witnessed in previous volatile markets due to disciplined management. Bitcoin (BTC) currently trades at $108,809.61, with a market capitalization of approximately $2.17 trillion. Data from CoinMarketCap reflects a minor 0.39% uptick within the last 24 hours but a 5.47% dip over seven days. This movement aligns with broader market corrections impacting short-term sentiment. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap…

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more