A major whale with a 10x short position on mainstream cryptocurrencies has an unrealized loss of $1.71 million on Bitcoin shorts and has replenished margin and short positions again
According to Lookonchain monitoring, as the price of Bitcoin rises, a whale shorting BTC, ETH, and SOL with 10x leverage is currently experiencing an unrealized loss of approximately $1.71 million on BTC. About an hour ago, he added 4 million USDC to the Hyperliquid platform to expand his short position on BTC, while also raising the average entry price and reducing the risk of liquidation.
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
Sources say the US and Russia will hold talks in Miami this weekend.
The US Dollar Index rose by 0.23% on the 17th.
The Dow Jones Index closed down 228.29 points, with both the S&P 500 and Nasdaq also declining.
Trending news
MoreCrypto prices
More
