"From long to short": A whale adds to its BTC short position, bringing it to $53.9 million.

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On January 5th, according to Hyperinsight monitoring, the "long to short"whale(0x50b30) continued to add to its BTC short position today. It is currently short 583.76 BTC (approximately US$53.9 million) with 20x leverage, with an average entry price of US$92,434.8 and a current floating profit of US$86,000.

In addition, it simultaneously increased long ETH hedging position, using 14x leverage to long 3130.39 ETH (approximately $9.85 million), and is currently experiencing a floating loss of $118,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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