Browsing: Bitcoin short position

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.

Bitcoin short position refers to a trading strategy where investors anticipate a decline in the price of Bitcoin, allowing them to profit from drops in value.Recently, a staggering $38.6 million in BTC was shorted using impressive 20x leverage, illustrating the growing interest in shorting Bitcoin among traders.

The Bitcoin short position is gaining significant attention in the cryptocurrency market, particularly as whale trading strategies continue to evolve.Recently, a notable hardcore short whale has leveraged a 20x position, resulting in a staggering profit of over $30 million as Bitcoin dipped below $85,000.

Bitcoin short position James Wynn is currently experiencing eight consecutive losses while holding a substantial 40x short position in Bitcoin, which has resulted in an unrealized loss of $11,500. This performance highlights the volatility and… (via Bpaynews real-time desk)

Bitcoin short position James Wynn’s substantial short position in Bitcoin has been partially liquidated, leaving him with a remaining stake valued at $2 million. The liquidation indicates a significant shift in Wynn’s trading strategy regarding… (via Bpaynews real-time desk)

Bitcoin short position James Wynn has disclosed a significant profit from a 40x short position on Bitcoin, with an entry price set at $105,148.7. This revelation highlights Wynn’s trading strategy and market engagement. The 40x… (via Bpaynews real-time desk)

Bitcoin short position James Wynn has initiated a 40x short position on Bitcoin, with the total value of the position amounting to $2.22 million. This significant investment reflects Wynn’s strategy in the cryptocurrency market. The… (via Bpaynews real-time desk)

James Wynn’s 40x Bitcoin short position, initially opened with an investment of $116,000, has seen a significant increase, now up by $50,000. The trading strategy employed by Wynn involves short selling, which typically bets against… (via Bpaynews real-time desk)

Bitcoin short position James Wynn has taken a significant 40x short position on Bitcoin, indicating a strong bearish outlook on…

Bitcoin short position A whale that shorted Bitcoin 40 times has reported an unrealized loss of $3.245 million, with a…