Giant Whale’s “Silver Iron Head Air Force” opened short positions in BTC and ETH for a brief period, with an order size of $29 million

BTC1,16%
ETH3,16%

Gate News, on March 30, Hyperinsight monitoring shows that the whale address “White Silver Iron Head Air Force” (0x61c), which focuses on shorting, briefly opened BTC and ETH short positions. The average entry prices were located at $67,500 and $2,055, respectively, with a total position size of approximately $4 million. Meanwhile, the address has already densely placed limit orders above; the two types of limit orders total 200 orders, amounting to about $29 million, waiting for the price to rise and trigger them. Among them, BTC has placed sell orders of about $20 million in the range of approximately $68,000 to $70,000; ETH has placed sell orders of about $5 million in the range of $2,080 to $2,120. In addition, the address has placed 100 buy orders in a lower range below the BTC price of approximately $62,000 to $63,000, planning to gradually take profit as the price reaches that range.

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.
Comment
0/400
No comments