BlockBeats News, January 13, according to... Hyperinsight Monitoring shows that a whale closed a BTC short position, realizing a loss of $65,000. Immediately afterward, the whale went long on 196.88 BTC (approximately $17.95 million) using 40x leverage, with an average entry price of $91,447.2. The position is currently floating at a $50,000 loss.
Whale Opens 40x BTC Long Position Worth $17.95M at $91,447 Average Entry
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Summary
A whale involved in position trading closed BTC short positions with a $65,000 loss on January 13 and opened a 40x leveraged long position for 196.88 BTC, valued at $17.95 million. The position sizing reflects an average entry price of $91,447.2. The trade is currently down $50,000.
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