A Bitcoin whale that short BTC four times with 20x leverage now has a floating profit of over $23.7 million.
TL;DR
A Bitcoin whale has made over $23.7 million in floating profit from a 20x leveraged short on BTC, holding 1232 BTC. They also placed limit buy orders for 1450 BTC at lower prices recently.
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According to data from Hyperbot, as reported by Odaily Odaily , a whale (0x5D2...9bb7) that previously short BTC four times consecutively has recently opened a 20x leveraged Bitcoin short position, which is now showing a floating profit of over $23.7 million. Currently, its short position holds approximately 1232 BTC, with a position value of $113.6 million. The average entry price was $111,499.3, and the liquidation price was $101,637.7. Furthermore, just two days ago, this whale also placed four limit buy orders totaling 1450 BTC in the $75,819-$79,919 price range.