A major whale with a 10x short position on mainstream cryptocurrencies has an unrealized loss of $1.71 million on Bitcoin shorts and has replenished margin and short positions again
According to Lookonchain monitoring, as the price of Bitcoin rises, a whale shorting BTC, ETH, and SOL with 10x leverage is currently experiencing an unrealized loss of approximately $1.71 million on BTC. About an hour ago, he added 4 million USDC to the Hyperliquid platform to expand his short position on BTC, while also raising the average entry price and reducing the risk of liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed’s Bostic: Today’s Employment Data Will Not Change the Fed’s Decision This Week
An address holding 306 BTC has just been activated after 12.4 years of dormancy
Gryphon shareholders to vote on merger plan with Bitcoin mining company American Bitcoin on August 27
Resupply: All $10 Million in Bad Debts Have Been Fully Repaid
Trending news
MoreCrypto prices
More
