TechFlow, Oct 14 — According to on-chain analyst Ai Yi (@ai_9684xtpa), the prominent ancient BTC whale who recently made headlines for switching positions into ETH has again increased its short position by 908 BTC.
The whale's total short position now stands at 4,348.74 BTC, worth approximately $492 million, with an entry price of $115,308.4 and a liquidation price of $124,416.2, currently holding unrealized profits of $8.94 million.
Previously, this address’s associated wallet opened over $1.1 billion in short positions on BTC and ETH before the flash crash on October 11, generating more than $80 million in profits within 24 hours. Some analysts suggest this whale may be linked to Garrett Jin, former executive of a major exchange.
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