A certain whale shorted 397.9 BTC while simultaneously going long on 4383 ETH, opening a hedging position.

BTC0,11%
ETH0,61%

BlockBeats News, January 9th, according to Hyperinsight monitoring, a whale opened a long position of 4383.15 ETH (approximately $13.67 million) at 14x leverage today at 12:40. Previously, it had established a 20x leverage short position of 397.98 BTC (approximately $36.22 million). The hedge position is now in a slight unrealized loss.

View Original
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

Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck

Bitcoin's volatility has decreased to around $70,000, but traders are still heavily investing in downside protection. Although premiums for puts have dropped, they remain high historically, suggesting caution among investors. This defensiveness may signal an impending price bottom, as similar market conditions in the past have led to recoveries.

Decrypt33m ago

Bitcoin Enters DeFi Era as Hashi Builds on Sui Blockchain

_Hashi launches on the Sui blockchain to bring Bitcoin lending, yield, and DeFi services with support from BitGo, Bullish, and FalconX institutions._ A new finance protocol called Hashi plans to bring Bitcoin into decentralized finance. The project is being built on the Sui blockchain.

LiveBTCNews2h ago

Bitcoin Rejects $76K as War and PPI Rock Markets

_ Bitcoin rejected $76,000 resistance as US strikes on Iran, hot PPI at 3.4%, and Powell’s FOMC tone sent crypto and risk assets into a sell-off._ Bitcoin hit $76,000 and turned back around. The rejection was clean. Sellers were waiting right at the level that traders had marked for

LiveBTCNews2h ago
Comment
0/400
No comments