Data: Before the flash crash on October 11, the Bitcoin short position of the whale who profited $160 million from opening shorts has risen to $111 million.
According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that the "whale who profited $160 millions by shorting before the 10.11 flash crash" now holds a bitcoin short position worth $111 millions, holding 1,000 BTC short contracts.
This whale's entry price was $109,672.2, and is currently facing an unrealized loss of $1.309 millions.
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
Nikkei 225 Index and South Korea's KOSPI Index both open with gains of over 1%
OpenAI pledges to strengthen Sora oversight to prevent AI deepfake content
Data: A new address increased its holdings by 7,889 ETH at an average price of $3,982