9 Million Dollar BTC Short Loss!
The BTC short position opened with 20x leverage started with an entry of $93,210, but the loss reached $9.2 million as BTC reached $108,355. The total portfolio is around $23 million.
An unstable picture has been painted over the last 30 days. Although there have been weekly declines, there has been a partial recovery in the last 24 hours.
But will this be enough?
What do you think this position will result in?
