Data: Whales holding BTC short positions for nearly 5 months turned profitable due to the market crash, but are now facing losses exceeding $4.8 million
According to ChainCatcher, Lookonchain monitoring shows that the whale address 0x5D2F has held a bitcoin (BTC) short position for nearly 5 months, at one point incurring an unrealized loss of about $27 million. The recent market crash briefly allowed this position to break even and turn profitable, but the address did not close all positions.
As the market rebounded, the short position fell back into a loss, with current unrealized losses exceeding $4.8 million. The liquidation price is $123,260.
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
Apple (AAPL.US) nears a 5 trillion USD market capitalization, targeting Nvidia: the 1,999 USD foldable screen Duo becomes a critical battle.
Apple (AAPL.US) has unveiled its new iPhone, which could be the ticket for this consumer tech giant to reclaim its position as the most valuable company by market capitalization. The company is not far from reaching this goal.
Facebook and Instagram under Meta (META.US) experienced outages affecting thousands of users in the US last Sunday.
Thousands of users in the United States were unable to access Meta’s social platforms Facebook and Instagram last Sunday.
The Nasdaq 100 rebalancing will take effect before the U.S. stock market opens on Monday, SpaceX (SPCX.US) weight significantly rises to 2.82%.
The Nasdaq 100 Index quarterly rebalancing will take effect before the US stock market opens on September 21 (Monday). The main change is that SpaceX (SPCX.US) will see its index weighting significantly increase from about 1.28% to 2.82%.
WTI falls to near $93.50 as Middle East diplomacy hopes ease supply fears
Crypto prices
More
