A certain whale address opened short positions on BTC, ETH, and other major cryptocurrencies on January 3, and is now facing an unrealized loss of $7 million.
BlockBeats News, January 7, according to Onchain Lens monitoring, a whale address that previously "deposited and sold 255 BTC on HyperLiquid" is currently experiencing an unrealized loss of over $7 million on its short positions in BTC (10x leverage), ETH (15x leverage), SOL (20x leverage), XRP (20x leverage), and STBL (3x leverage) opened on January 3. The position has shifted from a previous profit of $5.5 million to a loss of $2.5 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.
You may also like
Japanese Yen draws support from hot Tokyo CPI as USD bulls await US NFP report
A global bond market sell-off sweeps across the world, pushing the dollar to a 17-month high; the euro becomes the hardest-hit currency.
On Friday, the US dollar hovered near a 17-month high and is set to rise for the third consecutive week.
Japan’s Katayama says will beef up efforts to promote version of doge review of subsidies, funds

US Treasury Buys $6 Billion of Bonds as Bitcoin Battles 24-Year-High Yields
