BTC whales are making some seriously leveraged bets today.
A handful of big traders are taking opposite sides of the market, with a combined 5,442 $BTC in open positions worth roughly $348.5M.
Shorts: 3,895 BTC = around $249.4M
Liquidation levels range from $64,600 to $66,545.
Longs: 1,547 BTC = around $99.1M
Liquidation levels are around $61,200–$61,832.
👇Here’s the full breakdown👇
0x50b309f78e774a756a2230e1769729094cac9f20 = 547.47 BTC LONG
0x431f1cbb550be14da5cb3da1157010d1e83a6cee = 738.88 BTC SHORT
0x66f889094739dbb7d20aa60f645acd88feba75a9 = 742.82 BTC SHORT
0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 = 1,000 BTC LONG
0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 = 1,100 BTC SHORT
0xff84dd888de8ac2ed9a44860dc44e57025d68f1d = 1,310 BTC SHORT
The short side is heavily stacked, with 2,348 #BTC more in shorts than longs. NOW: If BTC makes a sharp move, these liquidation levels could become the trigger for a pretty aggressive cascade.
Anyways: WHICH SIDE ARE YOU ALL GUYS? LEAVE A COMMENT.
A handful of big traders are taking opposite sides of the market, with a combined 5,442 $BTC in open positions worth roughly $348.5M.
Shorts: 3,895 BTC = around $249.4M
Liquidation levels range from $64,600 to $66,545.
Longs: 1,547 BTC = around $99.1M
Liquidation levels are around $61,200–$61,832.
👇Here’s the full breakdown👇
0x50b309f78e774a756a2230e1769729094cac9f20 = 547.47 BTC LONG
0x431f1cbb550be14da5cb3da1157010d1e83a6cee = 738.88 BTC SHORT
0x66f889094739dbb7d20aa60f645acd88feba75a9 = 742.82 BTC SHORT
0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 = 1,000 BTC LONG
0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57 = 1,100 BTC SHORT
0xff84dd888de8ac2ed9a44860dc44e57025d68f1d = 1,310 BTC SHORT
The short side is heavily stacked, with 2,348 #BTC more in shorts than longs. NOW: If BTC makes a sharp move, these liquidation levels could become the trigger for a pretty aggressive cascade.
Anyways: WHICH SIDE ARE YOU ALL GUYS? LEAVE A COMMENT.