After closing a BTC long position, the whale starting with 0x3fc opened a short position, holding over $80 million.
According to ChainCatcher, monitored by HyperInsight, in the past three hours, the whale address starting with 0x3fc, after closing its BTC long position, switched to opening a new BTC short position at an average price of $108,300, with a notional position value reaching $80.28 million. It is currently experiencing a floating loss of over 20%, with the current liquidation price at $109,700. In addition, this address had previously chased long positions in BTC and SOL during the market pullback at 4 a.m. today, and closed those positions three hours ago. Over the past week, the cumulative loss for this address has reached $3.64 million.
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.
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