Lightning reverse, the giant whale flattened BTC long positions worth about 520,000 USD, currently facing a loss of over 50%

According to monitoring by HyperInsight, the address marked as "Lightning Backhand" (0x50b3…) has once again executed a averaging operation on its BTC long position, increasing its holdings by 6.09 BTC, worth approximately $523,600.

After this averaging, the average price of its BTC long position has been adjusted from $95,504.1 to $95,014.1, with a total position size of about $1,920,500. The current floating loss for this position is approximately $48,600, with a loss percentage of 50.59%.