PANews, June 24: According to Lookonchain, as BTC dropped below $61,000, address 0xebe8 closed its 800-BTC long position on Hyperliquid, with a notional value of approximately $48.8 million, resulting in a loss of about $1.26 million.
Address 0xebe8 closes 800 BTC long position, incurring a $1.26M loss.
PANewsShare
Summary
As BTC dropped below $61,000, address 0xebe8 closed an 800 BTC long position on Hyperliquid, part of a broader trading strategy. The position had a notional value of approximately $48.8 million, and its liquidation resulted in a $1.26 million loss.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.