[Data: A whale incurred a $3.8 million loss by closing its long position of 3,846 BTC] According to Mars Finance, monitoring by Ember indicates that a whale, after opening a long, encountered a price pullback and closed its long position of 3,846 BTC (approximately $350 million) an hour ago, incurring a loss of approximately $3.8 million. This whale had transferred a total of 35.5 million USDC to Hyperliquid yesterday and subsequently added to long BTC position. At 2:00 PM today, it increased its BTC long position to 3,846 BTC, with an opening price of $92,096.
Data: A whale incurred a loss of $3.8 million by closing out a long position of 3,846 BTC during a certain trading session.
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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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