Huo Xing Finance reports that, on August 13, according to OnchainDataNerd’s monitoring, the address 0x66f8 has continued to increase its BTC short position, with current holdings reaching 2,136 BTC, valued at approximately $136 million, making it the largest BTC short position on-chain. The entry price for this position is $63,851, and the liquidation price is $64,595.
Whale Increases BTC Short Position, Holding 2,136 BTC Worth $136M
MarsBitShare
Summary
A whale has increased its BTC short position using position trading strategies, with the 0x66f8 address now holding 2,136 BTC, valued at approximately $136 million. This is the largest on-chain BTC short position. The entry price is $63,851, and the liquidation price is set at $64,595. Position sizing appears to be a key element of the whale’s strategy.
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