The Whale Who Longed 40x Near $40 Million in BTC Liquidates, Taking a Loss in Just 18 Hours
BlockBeats News, July 25th, according to on-chain analyst WhaleAi (@ai_9684xtpa), yesterday evening, a whale started a 40x long position on BTC, with a position size of up to $38.67 million. The whale admitted defeat and triggered a stop-loss, holding the position for only 18 hours and experiencing a single loss of $368,000.
The entry price was $64,469, the stop-loss price was $63,859, and the position was immediately liquidated after a mere 1% price drop.
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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