Data: The BTC OG whale who made a high-profile switch from ETH has increased their Bitcoin short positions to 5,000 contracts, raising leverage to 8x.
According to ChainCatcher, Onchain Lens monitoring shows that the high-profile bitcoin OG whale who previously swapped holdings for ethereum has expanded their short position on BTC and increased leverage from 6x to 8x. Currently, they have opened a short position of 5,000 bitcoins, with a current value of $604 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia (NVDA.US) ends two-day losing streak and announces hiring of a renowned law firm to investigate matters related to CEO Jensen Huang
Nvidia's stock price rose by 2.87% on Wednesday, ending a two-day losing streak.
NVIDIA Board to Decide on Jensen Huang's Future Today
Crypto prices
More
