One address switched a 340.45 BTC long position to a 137.02 BTC short position, realizing a total loss of approximately $38.79 million.
According to Odaily monitoring, approximately $9.94 million was closed during the switch, at an average closing price of about $73,961.66; a new short position worth approximately $1.34 million was opened at an average entry price of about $74,036.59. The address still holds this short position.
The figures show that the new position is significantly smaller than the closed long position. The direction has shifted from long to short, but the unrealized loss after the adjustment has not been disclosed, so no conclusions can be drawn about what may happen next.
Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925. Position data is subject to on-chain records.
$BTC
According to Odaily monitoring, approximately $9.94 million was closed during the switch, at an average closing price of about $73,961.66; a new short position worth approximately $1.34 million was opened at an average entry price of about $74,036.59. The address still holds this short position.
The figures show that the new position is significantly smaller than the closed long position. The direction has shifted from long to short, but the unrealized loss after the adjustment has not been disclosed, so no conclusions can be drawn about what may happen next.
Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925. Position data is subject to on-chain records.
$BTC
