According to Onchain Lens, the whale Evaded (@ICanPlug) has closed their long positions in ZEC and BTC, incurring a loss of $4.83 million, and has opened a new short position of 940 BTC at 30x leverage, with a total value of $71 million. Their cumulative loss now exceeds $3.69 million.
Whale Avoided Liquidation on BTC Longs, Lost $4.83M, Opened $71M BTC Short Position
AiCoinShare
Summary
Whale closed BTC and ZEC long positions with a $4.83M loss and opened a $71M BTC short position using 940 BTC at 30x leverage. Position adjustments resulted in total losses exceeding $3.69M. This move reflects a shift in position sizing strategy amid market volatility.
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