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🔥Whale chasing BTC at high levels got trapped, with an average entry price of $79k and an unrealized loss of 32.6%
On April 27, according to Hyperinsight monitoring, BTC experienced a short-term decline of nearly 2%, with multiple on-chain long whales significantly reducing or closing their positions within the past hour. Among them, an address starting with 0xcab liquidated approximately $14.4 million worth of ETH long positions at $2,322, breaking even and exiting the market. Meanwhile, an address starting with 0xddf chased BTC at an average price of $79k this morning, currently holding a position worth $5.47 million, with an unrealized loss of about $90k (-32.6%), with a liquidation price at $74,947.
#btc #eth