Home
News
Details

Whale Closes Short Position, Opens $351M Longs in BTC, ETH, SOL, and FARTCOIN

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$89,546.50-0.7%
This is the logo of the coin.
ETH
$2,939.53-2.98%
This is the logo of the coin.
SOL
$128.59-1.86%
This is the logo of the coin.
FARTCOIN
$0.2981-5.54%
AI summary iconSummary

expand icon
A whale known for selling 255 BTC has closed its short position and opened $351 million in long positions, focusing on support and resistance levels. The whale used 20x leverage for BTC, ETH, and SOL, and 10x for FARTCOIN. The whale's move reflects value investing in crypto, including 2,151.75 BTC, 29,823.51 ETH, 265,236.44 SOL, and 4.64 million FARTCOIN.

BlockBeats news: On January 14, according to Onchain Lens monitoring, the "whale who sold 255 BTC" has fully closed its short positions and opened large long positions on BTC, ETH, and SOL with 20x leverage, as well as a large long position on FARTCOIN with 10x leverage.


This position is currently worth $351 million:


- 2,151.75 BTC long position with 20x leverage (209.69 million USD);
- 29,823.51 ETH long position with 20x leverage (equivalent to $100 million);
- 265,236.44 SOL 20x long position (39.07 million USD);
- 4.64 million FARTCOIN 10x long positions (2 million USD).

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.