🚨 Bitcoin short whale down ~$10.30M: Will they hold on to the bitter end?
A massive ~$192.39M Bitcoin ($BTC ) short position has me a little on edge. Wallet address 0xb83d…6e36 is carrying an unrealized loss of ~$10.30M!
With ~5x leverage, the position’s liquidation price is ~$150,278.2274, about 82.8% above the current price. That’s no small amount, but the market is always full of surprises. If you were in this position, with liquidation looming, would you cut your losses or keep holding?
For informational purposes only, not investment advice. DYOR.
#BTC #AI
A massive ~$192.39M Bitcoin ($BTC ) short position has me a little on edge. Wallet address 0xb83d…6e36 is carrying an unrealized loss of ~$10.30M!
With ~5x leverage, the position’s liquidation price is ~$150,278.2274, about 82.8% above the current price. That’s no small amount, but the market is always full of surprises. If you were in this position, with liquidation looming, would you cut your losses or keep holding?
For informational purposes only, not investment advice. DYOR.
#BTC #AI