「Strategy Opposition Trade」 BTC Short Turned Loss into Gain, Unrealized Gain of $2.1 Million
BlockBeats News, January 8th, according to Hyperinsight monitoring, as Bitcoin continued to decline, the Strategy counterparty, on Hyperliquid, the largest BTC bear whale (0x94d37) turned a loss into a profit on a BTC short position, currently shorting 1599.61 BTC with 10x leverage (approximately $144 million), with an average entry price of $91,331.6, and unrealized profit of $2.1 million.
Furthermore, the whale is also in a high leverage short position on 6 altcoins, all currently in unrealized profits.
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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