Author: Bpay News

Key Points
Details

Trader’s Address
0xd83…8fd7

Total Short Position
$200 million

BTC Short Position
1,073 BTC (worth $100 million)

BTC Opening Price
$92,469

BTC Liquidation Price
$94,384

Current Unrealized Loss (BTC)
$280,000

ETH Short Position
31,093 ETH (worth $100 million)

ETH Opening Price
$3,270

ETH Liquidation Price
$3,246

Current Unrealized Gain (ETH)
$2.49 million

Proximity to Liquidation (BTC)
$1,600

Proximity to Liquidation (ETH)
$56

Summary
A Bitcoin short position is highlighted in this analysis, where a trader has taken a significant stance against BTC and ETH amid market volatility.With a total investment of $200 million, the trader’s aggressive shorting strategy comes at a high risk, especially as their Bitcoin shorts are dangerously close to the liquidation threshold, just $1,600 away.

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Cryptocurrency
Percentage Change

Solana (HSDT)
6.45%

SharpLink (SBET)
5.36%

Circle (CRCL)
2.62%

Strategy (MSTR)
1.64%

Bitmine (BMNR)
0.94%

Coinbase (COIN)
0.78%

Summary
The cryptocurrency sector rising reflects a significant shift in market dynamics, as it defied the downward trend observed in traditional stock markets.Notably, digital assets like Solana (HSDT) surged by 6.45%, indicating a growing investor confidence and interest amidst a generally cautious economic environment.

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