A certain whale closed a $2.38 million BTC short position, with an average closing price of approximately $78,500.

BTC3,68%

ChainCatcher reports that, according to Hyperinsight monitoring, a whale starting with 0xc38a closed a short position of 30.29 BTC, with an average closing price of approximately $78,500, corresponding to a value of about $2.38 million.

This address currently holds a BTC short position with 20x leverage, a position size of 100 BTC, approximately $7.85 million, with an unrealized loss of about $60,000. The liquidation price is around $94,000.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin at $68K triggers nearly $400M in crypto liquidations.

Bitcoin (BTC) traded just below the $69,000 mark as traders braced for a pivotal weekly candle close, with prices hovering near the long-term line around $68,300. After a weekend slide, the setup underscores a tug-of-war between a fragile near-term outlook and the possibility of a contrarian move, e

CryptoBreaking1h ago

JPMorgan Moves to Accept Bitcoin, Ether as Loan Collateral

JPMorgan Chase now allows institutional clients to use Bitcoin and Ethereum as collateral for loans, using third-party custodians to manage risks. This integration of crypto into credit systems highlights a shift toward digital assets in traditional finance, despite challenges posed by volatility.

CryptoFrontNews2h ago

Bitcoin Price Recovery Paints Familiar Pattern—And That’s the Problem: Analysis

In brief Bitcoin climbed above $71,000 today, offering bulls their first glimpse of relief since February's collapse. At the same time, the price move has formed the same compressive wedge pattern that preceded Bitcoin crashes in October 2025 and January 2026. On Myriad, traders are

Decrypt2h ago
Comment
0/400
No comments