BlockBeats News, January 28, According to HyperInsight monitoring, the “Lightning Reversal” whale (0x50b30) closed ETH short positions and added to short BTC positions 2 hours ago. Currently, they are short 794.98 BTC with 20x leverage, with an entry average price of $88,738.9, and an unrealized loss of $330,000.
This address is known for its extremely rapid long-short switching, often immediately opening large-scale reverse positions after closing a position.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin’s ‘no direction’ action may lead to heavier breakout: Analyst
Bitcoin's prolonged consolidation below $70,000 may indicate a potential rally, despite mixed analyst sentiment. While some predict a breakout, others warn of deeper bearish trends. Current trading is stagnant, with Bitcoin at $66,890.
Cointelegraph31m ago
Bitdeer mined 149.7 BTC this week and sold it all; it currently maintains a zero position.
Gate News message, April 4, Nasdaq-listed miner Bitdeer disclosed its latest Bitcoin holdings data. As of the week ending April 3, its mining output was 149.7 BTC, all of which has been sold, and it is currently maintaining a zero Bitcoin position.
GateNews32m ago
Bitcoin ETFs will surpass Gold ETFs in scale, according to James Seyffart
James Seyffart predicts that Bitcoin spot ETFs may surpass gold ETFs in assets under management as investor demand evolves. Bitcoin is seen as a versatile investment option, while gold remains traditional. Despite recent declines, both asset classes have seen significant fund flow activity.
TapChiBitcoin3h ago
Bitcoin ETFs 'will be larger' than gold ETFs: Analyst
Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart.
“There are just more use cases of why somebody would put a Bitcoin ETF in a p
Cointelegraph3h ago
Bitcoin hits weekly low on oil fears as analyst teases $10K BTC price target
Bitcoin (BTC) received a $10,000 price warning as stocks took a fresh hit over oil-supply fears at Thursday’s Wall Street open.
Key points:
$10,000 BTC prices may return as the market struggles to hold ground, says new analysis.
Bitcoin and US stocks take a further beating as markets
Cointelegraph4h ago
