According to ChainCatcher, HyperInsight monitoring shows that a whale closed a BTC short position worth $4.5 million at 17:55, making a profit of $84,900. Currently, the account has a floating loss of $147,000. The address exhibits typical high-frequency trading characteristics, preferring to use 10x leverage in its operations. The strategy is flexible but carries a higher risk preference.
Whale Closes $4.5M BTC Short Position, Earns $84,900 Profit
ChaincatcherShare
Summary
A whale executed a take profit strategy on a $4.5M BTC short position at 17:55, securing $84,900 in gains. The trader now faces a $147,000 floating loss. Known for position trading with 10x leverage, the address employs a high-frequency, high-risk approach.
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.