Home
News
Details

BTC OG Insider Whale's ETH Position Loses $100M in Value

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
ETH
$1,994.51-0.77%
This is the logo of the coin.
BTC
$66,185.00-1.03%
This is the logo of the coin.
SOL
$82.78-0.73%
AI summary iconSummary

expand icon
According to Blockbeats, the "BTC OG Insider Whale" holds a $570 million long position in ETH with a $100 million floating loss, as tracked by Hyperinsight. The entry price was $3,149.42, and liquidation would occur near $2,283.15. Position sizing also reveals a $60 million long position in SOL with a $6.5 million loss and a $48 million long position in BTC with a $4.6 million loss. Position trading strategies continue to face pressure amid ongoing market volatility.

BlockBeats News, January 31, according to... Hyperinsight Monitoring: The long Ethereum position held by the "BTC OG insider whale" has seen its floating loss expand to $100 million, with an entry price of $3,149.42, a liquidation price of $2,283.15, and a total position value of $570 million.


It also holds a long position in SOL worth $60 million, with a floating loss of $6.5 million, and a long position in BTC worth $48 million, with a floating loss of $4.6 million.

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.