Data: Smart money's 25-game winning streak on BTC and SOL short positions has turned from profitable to unprofitable, with total unrealized losses exceeding $2.5 million.

This article is machine translated
Show original
According to Mars Finance, Hyperbot data shows that Smart Money (0x9263), which had previously achieved a 25-game winning streak, opened a new short position in ZEC with 10x leverage two hours ago. The current position is 9242 ZEC, with a liquidation price of $718.7, and is currently in a floating profit. However, due to today's rebound in the cryptocurrency market, Smart Money's 40x leveraged Bitcoin short position and 20x leveraged SOL short position have turned from profitable to losing, with a total floating loss exceeding $2.5 million. The liquidation prices are $90,700 and $138.2 respectively. It is understood that this whale achieved a 25-game winning streak during the recent market turmoil, but its long positions were forcibly liquidated last Friday due to a short-term market crash, ending the winning streak.

Source
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.
Like
Add to Favorites
Comments