News

BlockBeats News, on October 11, according to HyperInsight monitoring, the [BTC OG Whale] sub-address closed and took profit on BTC, SOL, and ETH short positions 5 hours ago. At the same time, in the past 3 hours, it opened new short positions in BTC and SOL at $184 and gradually increased its positions. Currently, it has added about 84 BTC and 64,000 SOL. The total holdings at this address are approximately $21.78 million, with a profit of $9 million today. In addition, according to monitoring, due to the extreme market conditions last night, the [BTC OG Whale] main address 0xb31 gradually reduced and took profit on BTC short positions 6 hours ago, earning more than $91 million in profit. It still holds 821 BTC short positions, with holdings of about $92.15 million.

BlockBeats News, on October 11, Liquid Capital (formerly LD Capital) founder Yi Lihua posted that this is the first time he has fully liquidated his positions (on-chain and transparent) since calling for ETH, whereas previously he only used leveraged lending. There are several reasons he can share: · First, bitcoin has risen to a new high resistance level, and without significant positive news to break through, a pullback is likely. · Second, the US stock market is at new highs, and AI and semiconductor companies are playing capital games, which cannot be sustained. · Third, after Japan changes its prime minister, the risk of interest rate hikes will increase and rates have been rising continuously. · Fourth, altcoins in the crypto market have been in a prolonged decline, and the MEME frenzy is draining liquidity.