Don’t… don’t love making money? Floating losses won’t run—waiting to be liquidated?🥶
$125 million firmly bearish: the massive whale behind $BTC actively reduced its short position by 1,200 BTC early this morning, incurring a loss of $344,000; it was liquidated for 288 BTC, incurring a loss of $245,000. Since opening the position on 08.05, its realized losses have effectively exceeded $1.567 million.
Early yesterday morning it was still up $1.182 million. It had a chance to break even in one go, but every time it saw unrealized gains, it chose to add to the position instead of taking profit…
It still has 512 BTC remaining in shorts, with a floating loss of $338,000. Pass-through 👉 0xff84dd888de8ac2ed9a44860dc44e57025d68f1d
$125 million firmly bearish: the massive whale behind $BTC actively reduced its short position by 1,200 BTC early this morning, incurring a loss of $344,000; it was liquidated for 288 BTC, incurring a loss of $245,000. Since opening the position on 08.05, its realized losses have effectively exceeded $1.567 million.
Early yesterday morning it was still up $1.182 million. It had a chance to break even in one go, but every time it saw unrealized gains, it chose to add to the position instead of taking profit…
It still has 512 BTC remaining in shorts, with a floating loss of $338,000. Pass-through 👉 0xff84dd888de8ac2ed9a44860dc44e57025d68f1d