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Trader Closes Out High-Leverage Long Positions on BTC and ETH, Losing $4.34 Million in This Round
On-chain analyst Ai Yi revealed that address 0x30a…6393e has closed out its high-leverage long crypto positions. The address's $110 million BTC long position once had only $184 of liquidation buffer left when the market dipped to its low in the early hours, before a subsequent price rebound prevented liquidation. 4 hours ago, the address closed 1,821.84 BTC at a loss of $3.26 million; combined with the $1.08 million loss on ETH, total losses in this round amount to $4.34 million. The trader has now opened $45.93 million in long positions on US stocks, with underlying assets including TSLA, DRAM, and SOXL.
Source: PANewsRead original
- #Whale
- #Derivatives