# Trader's 201 Bitcoin (BTC) Position Worth $15.6 Million Was Liquidated

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49813
Published: 2026-11-06T04:23:14.000Z
Updated: 2026-11-06T04:23:14.000Z
Section: Investing

> The trader later opened a $2.68 million short in TRUMP tokens.

A trader's 201 Bitcoin (BTC) position, valued at $15.6 million, was liquidated during market declines before the trader opened a $2.68 million short position in TRUMP tokens.

At 11:19 p.m. ET Thursday (04:19:59 UTC Friday), Bitcoin traded at $75,588.

Liquidation forcibly closes a position when it no longer meets collateral requirements. A short position gains value when the token's price falls and loses value when it rises.