ChainCatcher report, according to Onchain Lens monitoring, Whale Evaded (@ICanPlug) opened a 40x leveraged short position of 525.34 BTC one hour ago, with a position value of approximately $40.26 million. Additionally, two days ago, they opened a 5x leveraged long position of 53,500 ZEC, with a position value of approximately $33.3 million; the current unrealized loss on this position exceeds $1.48 million.
Whale Opens $40.26M BTC Short Position, Holds $33.3M ZEC Long with $1.48M Loss
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Summary
Whale Evaded (ICanPlug) opened a 40x leveraged short position of 525.34 BTC, valued at $40.26 million, using precise position sizing. The whale also holds a 5x leveraged long position of 53,500 ZEC, worth $33.3 million, which has declined by $1.48 million. Position trading strategies remain a key focus for large players in volatile markets.
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