#One whale, two massive bets… and neither is going smoothly 😬.
This trader is currently sitting on a 40x $BTC short worth 960 BTC, entered at $66,891.7.
The position is already showing an unrealized loss of around $4.80M. He also had a huge 25x $ETH long ... 18,688.3 ETH, worth about $42.45M, with an entry around $2,270.43.
But that ETH trade is now over. Just an hour ago, he closed the long and walked away with a $106.8K loss. So right now, the BTC short is the big one to watch. If BTC keeps pu
shing higher, that 40x short could get very painful very quickly.
Address: 0x66f889094739dbb7d20aa60f645acd88feba75a9
#KOSPICloses5.9%HigherOnChipmakerBuybacks #CFTCSeeksInputOnComputeDerivatives
This trader is currently sitting on a 40x $BTC short worth 960 BTC, entered at $66,891.7.
The position is already showing an unrealized loss of around $4.80M. He also had a huge 25x $ETH long ... 18,688.3 ETH, worth about $42.45M, with an entry around $2,270.43.
But that ETH trade is now over. Just an hour ago, he closed the long and walked away with a $106.8K loss. So right now, the BTC short is the big one to watch. If BTC keeps pu
shing higher, that 40x short could get very painful very quickly.
Address: 0x66f889094739dbb7d20aa60f645acd88feba75a9
#KOSPICloses5.9%HigherOnChipmakerBuybacks #CFTCSeeksInputOnComputeDerivatives