During a Whale's Downtrend, 10x Short on Bitcoin, Position Worth Over $36 Million
BlockBeats News, December 29th, according to Onchain Lens monitoring, a whale address that had previously sold 255 BTC doubled down on shorting Bitcoin during a market downturn, with its current holdings valued at $36 million, holding 409.58 BTC, and an average entry price of $87,892.
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: 522.85 BTC transferred from Fidelity Custody to Cumberland DRW, valued at approximately $45.74 million
Institution: Gold and Silver Prices See Steep Decline, Caution Advised Amid Low Liquidity
BitMine: Currently, 408,627 ETH have been staked, and MAVAN is planned to launch in Q1.
Analysis: Gold and silver prices drop sharply, low liquidity raises concerns over continued volatility
Trending news
MoreCrypto prices
More
