Odaily Planet Daily reports that according to Lookonchain monitoring, an address (0xD835) that shorted with 3 million USD three days ago is currently in profit, with unrealized gains on its ETH short exceeding 1.83 million USD. The address has recently increased its investment, opening a short position of 323 BTC with 40x leverage, worth 30 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
BlackRock: Institutions Focus on Bitcoin and Ethereum, AI Becomes Key Driver for Crypto Market
BlackRock's digital assets head stated that institutional investors are focusing their crypto allocations on Bitcoin and Ethereum, with limited appeal for other tokens. He believes artificial intelligence will become a more important long-term driver and emphasized the synergistic relationship between cryptocurrency and AI.
GateNews21m ago
Morgan Stanley: Plans to Support Tokenized Stock Trading on Alternative Trading System in H2 2026
Morgan Stanley's head of digital asset strategy, Amy Oldenburg, stated that Wall Street's advancement of crypto business stems from efforts to modernize financial infrastructure. The firm is expanding its digital asset strategy and plans to support tokenized equity trading by 2026, though upgrading core systems remains challenging.
金色财经_22m ago
Bloomberg Analyst: IBIT has achieved net inflows turning positive for the year, with BTC investors being more resilient than gold investors
Bloomberg analyst Eric Balchunas noted that Bitcoin spot ETFs saw net inflows of $2.5 billion this month, approaching to fill the year's funding outflow gap. Despite Bitcoin's price dropping about 40%, investors' willingness to hold remains strong, indicating market resilience.
金色财经_51m ago
Rising US treasury yields, war in Iran, rising inflation risk pressure Bitcoin price
Key takeaways:
Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance.
Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt.
Bitcoin (BTC) retested the $67,500
Cointelegraph59m ago