Huo Xing Finance reports, according to on-chain analyst Ai Yi, a large whale previously took a 4x 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 Worth $42.8M Amid $92.3M ETH Position
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Summary
A whale engaged in position trading opened a 4x BTC short of 546.69 BTC, valued at $42.8 million, at an entry price of $78,561.30. The same whale holds a 20,000 ETH long position with 4x leverage, currently up $10.725 million. The total position size across both assets now stands at $92.33 million.
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