After being liquidated, a certain whale doubled down on their short position, with a new position size of $10.09 million.
BlockBeats News, April 8th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), after Bitcoin surged briefly to $72,800, a $25.43 million short position at address 0xedf…8fc0b was liquidated. The whale immediately opened a 40x short position worth 138.96 BTC, $10.09 million in value, just 4 minutes later, with an opening price of $72,620 and a liquidation price of $73,309.
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
Piper Sandler lowers General Mills target price to $35
Major Crypto ETFs Bled $1.5 Billion While Wall Street Went Dip Shopping
"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"
"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.
Crypto prices
More
