Odaily Planet Daily reports, according to on-chain analyst Aunt Ai, a large whale previously took a 4x leveraged long position of 20,000 ETH. Two minutes ago, the whale opened a 4x short position of 546.69 BTC, valued at $42.8 million, at an entry price of $78,561.30; the 20,000 ETH currently held have an unrealized profit of $10.725 million, bringing the total position size to $92.33 million.
Whale Opens 4x BTC Short Position Worth $42.8M Amid $92.33M Total Holdings
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Summary
Whale activity intensified as a major player opened a 4x BTC short position on 546.69 BTC, valued at $42.8 million at an entry price of $78,561.30. The whale also holds a 4x long position on 20,000 ETH, currently up $10.725 million. Total holdings now stand at $92.33 million. Whale activity in BTC price movements remains a key focus for traders.
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