According to Foresight News, monitoring by @ai9684xtpa revealed that before the flash crash on 10.11, a short-selling Whale made a profit of 160 million USD by opening a short position and deposited 3003 BTC (worth approximately 338 million USD) into Binance while increasing their Bitcoin short position in the early morning. The address started to increase their position using TWAP at 00:55, performed a small test deposit of 0.01 BTC to Binance at 01:00 to the address 12Xqe, deposited 3003 BTC at 01:17, and finished increasing the position at 01:27, lasting 32 minutes. During this period, the price of BTC fell from 113,000 USD to 112,300 USD, and after the increase ended, it has now only remained at 108,500 USD, a drop of 4.8% from the recent peak. This insider Whale increased their position with 1000 BTC about 7 hours ago at a Bitcoin price of 112,300 USD to 112,600 USD, bringing the total size of BTC short orders to 2100 BTC, with a total value of 227 million USD and unrealized gains of 6.36 million USD.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting
Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk.
To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not
LiveBTCNews18m ago
Yesterday, Bitcoin spot ETFs saw net outflows of $291 million, with Fidelity’s FBTC recording outflows of $229 million
On April 13, spot Bitcoin ETFs saw net outflows of $291 million, with Fidelity’s FBTC experiencing the largest outflow at $229 million. Products that recorded net inflows included BlackRock’s IBIT, Bitwise’s BITB, and Morgan Stanley’s MSBT.
GateNews22m ago
Giant whales holding assets worth over $100 million are increasing their positions in BTC and taking short positions in ETH, with a cumulative loss of over $66.19 million
According to OnchainLens monitoring, on April 14, a whale that opened a short position of 255 BTC increased its BTC and ETH short positions. Its current unrealized loss is over $4 million, its cumulative loss is over $66.19 million, and the value of the BTC and ETH it holds is $76.70 million and $24.40 million, respectively.
GateNews27m ago
A crypto financial service provider has a whale-related address holding 120k ETH and 700 BTC, with unrealized gains exceeding $36 million
Gate News message: On April 14, according to on-chain analytics platform Lookonchain, influenced by the market rebound trend, a whale address associated with a certain crypto financial services provider currently holds a long position of 120k ETH (about $283.5 million) and 700 BTC (about $52 million), with total unrealized gains exceeding $36 million.
GateNews1h ago
