A Whale Closes Short Position During Bitcoin Surge, Losing Over $1.6 Million
May 8 news, according to Lookonchain monitoring, a whale closed short positions during the Bitcoin surge, losing over $1.6 million. The whale had previously shorted BTC with 11x and 40x leverage. The position size reached $127.7 million, with liquidation prices of $104,600 and $103,470 respectively.
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
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet
GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
Trending news
MoreCrypto prices
More
