Huo Xing Finance reports that on June 27, according to on-chain analyst Aunt Ai (@ai_9684xtpa), a large whale closed their previous position yesterday morning, locking in a profit of $3.277 million. Last night, they opened a new short position worth $70.76 million. The address currently holds short positions of 912.93 BTC ($54.98 million) and 10,000 ETH ($15.83 million), with entry prices of $59,137 and $1,532, respectively, resulting in an unrealized loss of $1.418 million.
Whale Opens $70.76M BTC and ETH Short Positions, Incurring $1.42M Floating Loss
MarsBitShare
Summary
On June 27, a whale reopened a $70.76M short position in BTC and ETH after securing a $3.277M profit. The position consists of 912.93 BTC and 10,000 ETH, with entry prices of $59,137 and $1,532, respectively. The whale is now facing a $1.418M floating loss. Traders are monitoring key support and resistance levels to determine whether a stop-loss strategy may be necessary.
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