BTC Short Whale Reduces Position, Incurring Another $618,000 Loss
View original
According to on-chain data analyst @ai_9684xtpa, a whale shorting Bitcoin at 40x leverage on Hyperliquid has reduced its position by "cutting losses" with 161.79 BTC, incurring a further loss of $618,000. The current short position has now decreased to a nominal value of $32.07 million. Position size: 287.63 BTC; Opening price: $107,823.2; Liquidation price: $112,290; Current unrealized loss: $1.06 million.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$111,771.59
+3.82%
Ethereum
ETH
$2,668.93
+7.08%
Tether USDt
USDT
$0.9999
-0.03%
XRP
XRP
$2.43
+3.15%
BNB
BNB
$681.54
+2.43%
Solana
SOL
$179.61
+6.79%
USDC
USDC
$1.0000
+0.01%
Dogecoin
DOGE
$0.2420
+7.05%
Cardano
ADA
$0.8044
+7.04%
TRON
TRX
$0.2773
+2.74%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now