🔥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
BTC-1,69%
ETH-2,9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin