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"Long to Short" whale increases BTC short position to $53.9 million
On January 5th, according to Hyperinsight monitoring, the “long to short” whale (0x50b30) continued to add to its BTC short positions today. Currently, it is short 583.76 BTC with 20x leverage (approximately $53.9 million), with an average entry price of $92,434.8. The current unrealized profit is $86,000. Additionally, it has simultaneously increased its long ETH hedge position, going long 3,130.39 ETH with 14x leverage (approximately $9.85 million), with an unrealized loss of $118,000.