Whale shifted from long to short positions, increasing their short BTC holdings to $53.9 million.

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According to ChainCatcher, Hyperinsight monitoring shows that a whale(0x50b30) continued to increase its short BTC position today, currently short 583.76 BTC (approximately $53.9 million) with 20x leverage, at an average entry price of $92,434.8, and currently has a floating profit of $86,000.

In addition, it simultaneously increased long ETH hedging position, long on 3,130.39 ETH (approximately $9.85 million) with 14x leverage, 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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