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.
TL;DR
A cryptocurrency whale closed a 3,846 BTC long position, resulting in a $3.8 million loss after a price pullback. The whale had previously transferred $35.5 million USDC to Hyperliquid to increase the position.
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[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.