BlockBeats News, January 14, according to... Hyperinsight Monitoring: A whale, bearish on the future market, shorted 54.77 BTC (approximately $5.2 million) at 1:24 PM with 10x leverage. The average entry price was $94,986, and it is currently showing a slight floating profit.
Whale Shorts 54.77 BTC with 10x Leverage Amid Bearish Outlook
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Summary
A bearish trend emerged as a whale opened a 10x leveraged short position of 54.77 BTC (around $5.2 million) on January 14 at 13:24, with an average entry price of $94,986. The BTC price remains under pressure, and the position is currently in slight profit.
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