Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow, May 8 — According to on-chain analytics platform Lookonchain (@lookonchain), a whale closed its short positions during Bitcoin's price surge, incurring losses exceeding $1.6 million. The whale had previously shorted BTC with 11x and 40x leverage, holding positions worth $127.7 million, with liquidation prices at $104,600 and $103,470 respectively.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale incurred losses exceeding $1.6 million by closing short positions during Bitcoin's price surge. The whale had previously shorted BTC with 11x and 40x leverage, reaching a position size of $127.7 million, with liquidation prices at $104,600 and $103,470 respectively.
Navigating Web3 tides with focused insights
