A whale who was trapped in a short position for 5 months turned profitable but failed to close the position in time, resulting in a loss of over $4.8 million again.
According to Jinse Finance, Lookonchain monitoring shows that the market crash gave whale 0x5D2F (who has held a losing BTC short position for nearly five months) an opportunity to break even, turning a $27 million loss into a profit. However, he did not close his short position in time. As the market rebounded, he has now lost more than $4.8 million again. Liquidation price: $123,263.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
