A certain short-selling whale exited at a loss, only to re-enter a short position at $76,670
BlockBeats News, April 21st, according to Hyperinsight monitoring, a whale starting with 0x616 liquidated its $4.06 million BTC short position through a stop-loss order, with a liquidation price of $76,218. The transaction incurred a minor loss of approximately $2,614.
Subsequently, the address reentered the market above the liquidation price at $76,670 and placed a new BTC short position of 52.6 BTC, worth around $4.03 million, indicating an intention to reenter a short position.
Address: 0x616f5d5db5cf8d98a8554c84492bce764c7f09b1
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.
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