$BTC
Shocking!
The 'Insider Whale' has faced multiple liquidations while shorting,
with a remaining position of 47.34 million hanging by a thread!
The on-chain situation has changed dramatically! According to on-chain analysts, the shorting journey of the 'Insider Whale' has been nothing short of tragic, as its short position was ruthlessly liquidated again. As early as July 3, its position was liquidated down to only 43.68 million USD, and just when it was thought to be quiet for a while, it reacted to a slight pullback in BTC prices by increasing its position. This time, it was even more aggressive, with a short position margin of 16.28 million USD now reduced to only 800,000 USD, resulting in a direct loss of 15.48 million USD—it's practically a case of 'losing everything'!
Now, after multiple liquidations, the 'Insider Whale' is left with only 47.34 million USD in remaining positions, akin to walking a tightrope on the edge of a cliff: 368 BTC short positions at 40x leverage, valued at 40.05 million USD, with an opening price of 107,724 USD and a liquidation price of 109,196 USD; and 2,846 ETH short positions at 25x leverage, valued at 7.28 million USD, with an opening price of 2,452 USD and a liquidation price of 2,611 USD. Will this 'Insider Whale' be able to make a comeback, or will it be completely liquidated? Come and find out!
