Whale with 0x3fc Prefix Liquidates BTC Longs and Goes Short, Holding Over $80 Million

BlockBeats News, October 23rd, according to HyperInsight monitoring, in the past three hours, a whale address starting with 0x3fc, after closing its BTC long position, turned to open a new BTC short position at an average price of $108,300, with a nominal value of $80.28 million. The current unrealized loss exceeds 20%, with the current liquidation price at $109,700.

In addition, the same address went long on BTC and SOL during the market pullback at 4 am today and closed its position three hours ago. The address has accumulated a total loss of $3.64 million in the past week.