Short Seller Whale of $1.144 Billion in BTC Partially Liquidates Position to Avoid Liquidation, Current Short Position Size at around $98.97 Million

BTC0%

BlockBeats News, August 12th, according to LookIntoChain data, as BTC surged, the short position of 1793 BTC held by trader 0xff84 (worth approximately $114.4 million) came very close to being liquidated. The trader partially closed the position early to avoid liquidation. Currently, their short position is 1543 BTC, worth around $98.97 million, with a new liquidation price of $64,225.35.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView all

Coinbase Bitcoin Premium has been negative for 86 consecutive days, with buying power in the US market remaining weak

Bitcoin Surpasses $64,000, Ethereum Surpasses $1,900

Analysis: Selling Pressure from Publicly Traded Mining Companies is a Neglected Factor Constraining Bitcoin's Price, with $1.78 Billion Worth of BTC Sold This Year

Hot

Coins
Price
24H Change