Data: The BTC whale that had consecutively shorted with 20x leverage has reduced its position to 884 BTC, with a daily unrealized loss of 6.4 million USD
According to Hyperbot data, as the price of Bitcoin began to rebound last night, the "die-hard short" whale (0x5D2…9bb7) that had shorted BTC four times in a row faced a margin call. Currently, its 20x Bitcoin long position has been reduced to 884.4 BTC, with a liquidation price of $101,294.8, resulting in an overall unrealized loss of approximately $6.4 million for the day. At present, this whale has placed three limit buy orders in the range of $67,244 to $91,745, with a total buying volume of 1,500 BTC.
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