HuoXing Finance reports that, according to Hyperinsight monitoring, a whale address starting with 0x61cee closed long positions in BTC and ETH worth approximately $10 million over the past hour, breaking even. Subsequently, the address opened a short position in ETH worth $3 million at an average entry price of $2,106.33, with a liquidation price of $5,203.73.
Whale closes $10M BTC/ETH long positions and opens a $3M ETH short position
MarsBitShare
Summary
On April 7, whale activity saw a significant move as a whale with address 0x61cee closed $10 million in BTC and ETH long positions within an hour, breaking even. The whale then opened a $3 million ETH short position at an average entry price of $2,106.33, with a liquidation price set at $5,203.73. This shift from long to short demonstrates active on-chain strategy execution.
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