‘Short-Selling Expert’ Whale’s Short Position Surpasses $100 Million

Source
Uk Jin

Summary

  • A well-known whale reportedly made profits from four short-selling trades this year.
  • This whale revealed that he is managing a Bitcoin (BTC) short position using 40x leverage with a position size of $118 million.
  • The current unrealized profit is $14.2 million, and the liquidation price for the position is $116,510.

The position size of a renowned whale, who has made profits from as many as four short-selling trades just this year, has surpassed $100 million.

According to on-chain analyst ai_9684xtpa on the 8th (KST), this whale initiated a Bitcoin (BTC) short position using 40x leverage, and the current size of this position amounts to approximately $118 million. The current unrealized profit stands at $14.2 million.

The liquidation price for this position is $116,510.

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Uk Jin

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