A whale simultaneously opened short positions on ETH and BTC in a short period, betting $60 million in total on a bearish market.
BlockBeats News, on March 12, according to Hyperinsight monitoring, in the past hour, the whale starting with 0x049 simultaneously established short positions for ETH and BTC on Hyperliquid, with the total size of the two short positions exceeding 60 millions USD. Among them, the ETH short was opened with 20x leverage, totaling 14,564.35 ETH, approximately 30.1 millions USD, with an average entry price of 2059.82 USD. The current unrealized loss is about 120,000 USD (-8%), and the liquidation price is 2120 USD.
Meanwhile, the address also opened a BTC short position of equal size, totaling 426.35 BTC, approximately 30.06 millions USD, with an average price of 70,363 USD. The unrealized loss is 48,000 USD (-4%), and the liquidation price is 72,956 USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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