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Two giant Bitcoin whales open large positions in opposite directions

Source
Uk Jin

Summary

  • A large whale reportedly opened a Bitcoin long position with 20x leverage worth 27,500,000 dollars.
  • Another whale reportedly opened a Bitcoin short position with 40x leverage worth 20,000,000 dollars.
  • They reported the liquidation prices were set at 83,385 dollars for the long position and 95,114 dollars for the short position.

Two large whales appear to have taken opposite positions on Bitcoin (BTC) price movements.

On the 6th (Korean time), according to Lookonchain, one whale took a Bitcoin long position using 20x leverage, with the position size reaching 27,500,000 dollars. The entry price was 89,642.7 dollars, and the liquidation price was set at 83,385 dollars.

Conversely, the second whale took a Bitcoin short position with 40x leverage. The position value is 20,000,000 dollars. The entry price was 89,502.7 dollars, and the liquidation price was set at 95,114 dollars.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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