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TechFlow, November 28 — According to on-chain analytics platform Lookonchain (@lookonchain), a whale address starting with 0x0ddf9 has closed its short position in Bitcoin and switched to a long position. The address exited a short position worth $91 million involving 1,000 BTC, incurring a loss of approximately $1.6 million, then opened a leveraged long position of 1,000 BTC (worth $91 million) at 3x leverage, with a liquidation price at $59,112.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale address starting with 0x0ddf9 has closed its previous short position on Bitcoin and switched to a long position. The address closed a short position of 1,000 BTC (worth $91 million), incurring a loss of approximately $1.6 million, then opened a leveraged long position of 1,000 BTC (worth $91 million) at 3x leverage, with a liquidation price of $59,112.
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