BlockBeats News, January 8 — According to Hyperinsight monitoring, the “Lightning Reversal” whale stopped shorting BTC on January 5 and immediately started going long. This morning, they reduced their ETH short position, realizing a loss of $578,000. Their current holdings are as follows:
Long 1569.29 BTC with 20x leverage (approximately $142 million), average entry price $93,838.7, unrealized loss of $4.218 million;
Long 11,757.76 ETH with 14x leverage (approximately $36.94 million), average entry price $3,284.08, unrealized loss of $148.3 thousand.
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
Crypto Social Buzz: Bitcoin, Ethereum, and Emerging Coins Lead Discussion
Bitcoin hits 20M mined coins, fueling debates on supply, institutional buys, and market control.
Zcash seed round and privacy tech drive social buzz, while Tether gains attention via USAT launch.
Ethereum staking, Dogecoin rumors, and TRON AI partnerships dominate crypto social
CryptoFrontNews1h ago
Tom Lee Predicts ETH ATH at $15,000 as Ethereum Activity Hits Record Levels
Tom Lee predicts ETH ATH at $15,000 and above.
Ethereum network usage activity hits record levels.
This is a bullish signal, a move unseen since 2021 bull run.
As the price of the pioneer crypto asset, Bitcoin (BTC), continues to try and reclaim prices above $70,000, the pioneer
CryptoNewsLand4h ago
ETH/BTC Market Outlook – Analyzing the Potential for a 0.0265 Support Retest
Crypto Market is currently experiencing extreme volatility and the need for a strategic reassessment as investors evaluate the various results of different assets in relation to each other, such as the ETH/BTC pair,
BlockChainReporter5h ago
