"Insider Whale" Has Cut Half of BTC Short Positions to Stop Loss, Incurring a $2 Million Principal Loss
According to Jinse Finance, on-chain analyst Yujin has monitored that 20 minutes ago, the "insider whale" cut losses and reduced half of their BTC short positions, with a principal loss of $2 million, leaving only the last $1 million. Currently, the "insider whale" still holds BTC short positions worth $62.5 million, with a liquidation price at $115,368.
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
Data: Glassnode Bitcoin's realized losses have surged to the highest level since the FTX collapse
3,001.9 ETH transferred to an exchange, worth approximately $8.02 million
After purchasing 1,242 ETH, a whale went 20x long on 16,366 ETH.
Plume CEO: The RWA market is expected to grow 3-5 times by 2026
