According to Lookonchain, crypto whale 0x7e8b was liquidated during the recent market crash, losing 965 BTC ($97.5M) and 12,024 ETH ($26.22M), resulting in over $3.5M in losses. Despite the setback, the whale immediately re-entered the market with a 40x leverage long position on BTC and currently holds $1.06M in unrealized profit. This aggressive trading move highlights continued institutional confidence in BTC price recovery following major liquidations, signaling potential volatility and renewed bullish activity in the crypto derivatives market. Source: Lookonchain (@lookonchain, June 23, 2025)