Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
The giant whale opening a Short on Bitcoin added 30 million Dollars to its position at these prices! - Coin Bulletin
According to Lookonchain’s analysis, a crypto whale opened a total short position of 30.7 million dollars through two different wallets while the Bitcoin price was rising.
One of the important data providers in the cryptocurrency markets, Lookonchain, reported that a large whale made a notable move following the recent increase in the price of Bitcoin (BTC). It was observed that a significant amount of short positions were opened through two different wallets believed to belong to the same whale.
According to the data shared by Lookonchain, this giant whale opened a total Bitcoin short position worth 30.7 million dollars by entering at levels of 94,893 dollars and 94,830.5 dollars. This move indicates that the whale expects a decline in the price of Bitcoin in the near term.
New move after the previous short position
It is stated that this move follows the positions opened earlier on April 23. The same wallets, which are thought to belong to a whale, previously opened a total position of 74.5 million dollars with 6x leverage at levels of 92,469.1 dollars and 92,664.8 dollars. The liquidation prices of these previous positions were recorded as 107,220 dollars and 107,160 dollars, respectively.