The "Strategy counterparty"whale BTC short position has already incurred a floating loss of $3.3 million.

avatar
MarsBit
01-06
This article is machine translated
Show original

[Strategy's Counterpart: whale BTC Short Positions Now Showing a Loss of $3.3 Million] According to Mars Finance, on January 6th, Hyperinsight's monitoring revealed that the largest short whale on Hyperliquid (0x94d37), a counterparty to Strategy, added to its short positions in several major cryptocurrencies today, all currently showing losses. Its current holdings are as follows: 10x leverage short 1502.75 BTC (approximately $140 million), average entry price $91,321.6, resulting in a loss of $3.3 million; 15x leverage short 22,621.19 ETH (approximately $73.13 million), average entry price $3,139.43, resulting in a loss of $2.046 million; 20x leverage short 75,443.92 SOL (approximately $10.45 million), average entry price $138.09, resulting in a loss of $23,000; 10 Short 588,954.5 SUI tokens (approximately $11.61 million) with leverage, at an average entry price of $1.88, resulted in a floating loss of $50,000.

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