「Ultimate Shorter」 Whale Lowers BTC Short Target to $67,000, Liquidation Price Drops to $92,000
BlockBeats News: On November 24, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), monitoring data shows that the "Ultimate Bear" whale (0x5D2) once held a 20x leveraged BTC short position opened on May 9 with an unrealized profit of approximately $29.78 million. The address recently readjusted the take-profit zone to $67,000, after previously targeting around $89,000 to $91,000 on the 14th. This month, approximately $34.09 million in account margin has been continuously withdrawn, with $40 million transferred to a Binance wallet.
The current position size of the address is approximately $106 million, with an average price of $111,500. The liquidation price has dropped from around $105,700 to $92,000 in the past 10 days, resulting in a liquidation of about 5.75%. It is currently the top BTC short position on Hyperliquid.
Previously, the address opened four large BTC short positions this year, all of which incurred losses totaling approximately $5.48 million. In this latest BTC short position, after partially closing 40% of the position for profit since October 11, a profit of around $5.17 million was realized.
You may also like
Gainers
Latest Crypto News
Ethereum Mainnet Activity Cools Down, Transaction Fees Drop Below Some Layer 2 Networks by Multiple Times
Trump Pushes Against State-Level AI Legislation as Congressional Efforts Stall, White House May Turn to Executive Order Pressure
Hasset: Fed Needs to Cut Rates Cautiously, Has Not Discussed Fed Chair Nomination with Trump
Ethereum Falls Below $3100
BlackRock's ETHA has seen a total net inflow of $2.229 billion in the past two weeks.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com