BlockBeats News, January 15, according to... HyperInsight Monitoring shows that the address labeled as the "Lightning Flip" whale (0x50b3...) executed a flattening operation on its BTC long position, adding 65.72 BTC, valued at approximately $6.4752 million. After the flattening, the average entry price of its BTC long position slightly decreased from $96,981.90 to $96,917.50, with a total position size of around $59.99 million. Currently, this position is floating at a loss of approximately $411,700. At the same time, the address opened a new ETH long position, purchasing 329.26 ETH at an average price of approximately $3,303.32, with a total position size of about $1.0872 million.
Whale "Lightning Flip" Squares Off BTC Position, Adds 108,000 ETH Long
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Summary
The BTC price dipped slightly as the "Lightning Flip" whale (0x50b3...) closed a long position of 65.72 BTC, valued at $6.48 million. The average entry price for BTC longs is now $96,917.50, with a total position value of $59.99 million and a floating loss of $411,700. The same address opened a new ETH long at $3,303.32, holding 329.26 ETH worth $1.09 million, indicating a shift in exposure toward ETH prices.
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