Impacted by Ancient Whale Sell-Off, an Address Quickly Switched Bitcoin Longs to Shorts, Now Realizing a $280,000 Floating Profit
According to Jinse Finance, Lookonchain monitoring shows that, influenced by the sell-off from an ancient whale, a certain address quickly switched its long positions on Hyperliquid to short positions. Currently, it holds a $50.3 million Bitcoin short position with 12x leverage, with an unrealized profit of $280,000.
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
Data: KNTQ token valuation reaches 170 millions USD, protocol TVL has dropped by 60%
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance

Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
