Crypto market earthquake! $92,000 threshold sees a massive short squeeze 🚀
Help! BTC just broke through $92,000, and the 'ultimate short' whale is panicking?!
In the past 6 hours, there have been constant big moves—address 0x5D2 crazily closed positions to take profits, cashing out $30.17 million in short positions, making a whopping $3.86 million, and still holding on to $17.6 million in unrealized gains!
Now this whale still tops the Hyperliquid BTC short leaderboard, with remaining holdings of $80.97 million, an average price of $111,500, and the liquidation price has been raised from $94,800 to $101,000 📈
What's even more ruthless is that this address has withdrawn $34.09 million in margin, transferring $40 million to Binance, and today added another $3 million in margin to continue closing positions and raise the average price, a textbook-level harvest operation!
Short big shots are locking in profits, and now the market's long-short game is at its peak, whether to continue surging or correct is yet to be seen.
