Data: A major whale's 1,135 BTC long positions are currently showing an unrealized loss of over $10 million
According to ChainCatcher, citing data from Lookonchain, whale 0x5D2F currently holds a long position of 1,135 BTC (worth $132.65 million) that is now facing an unrealized loss of over $10 million. To avoid liquidation, the whale has deposited an additional $5.5 million USDC as margin on Hyperliquid. The new liquidation price is $121,080.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum developers advance deployment of ZK-based "Secret Santa" system
OECD expects the Federal Reserve to lower interest rates to between 3.25% and 3.5% by the end of 2026.
Wintermute: Market structure is improving, major tokens are no longer so fragile
