A certain whale address opened short positions on BTC, ETH, and other major cryptocurrencies on January 3, and is now facing an unrealized loss of $7 million.
BlockBeats News, January 7, according to Onchain Lens monitoring, a whale address that previously "deposited and sold 255 BTC on HyperLiquid" is currently experiencing an unrealized loss of over $7 million on its short positions in BTC (10x leverage), ETH (15x leverage), SOL (20x leverage), XRP (20x leverage), and STBL (3x leverage) opened on January 3. The position has shifted from a previous profit of $5.5 million to a loss of $2.5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citrini Research releases report optimistic about the prospects of RWA tokenization

SWIFT, Ripple (XRP) & BNP Paribas: Connecting The Dots

Did Satoshi Get Bitcoin Wrong? Claude's NSA Discovery Sparks Debate

2 Banking Giants Make Major Crypto Moves as Schwab and Deutsche Bank Expand Into Digital Assets

