"Lightning Reverse" whale long 557.5 BTC with a unrealized loss of $650,000

GateNews
BTC-0,53%

BlockBeats News, January 15 — According to Hyperinsight monitoring, the “Lightning Reversal” whale (0x50b30) is currently long 557.5 BTC (approximately $53.46 million) with 20x leverage, with an average entry price of $96,981.9, and a floating loss of $650,000.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SIREN Soars by Triple Digits Again, Bitcoin Dipped to 4-Week Low: Weekend Watch

Bitcoin faced significant volatility, dropping to a local low of $65,500 after failing to break past $72,000. Major altcoins also declined, with ETH below $2,000. The total crypto market cap is down $60 billion amidst this downturn.

CryptoPotato3m ago

Bitcoin drops to two-week low as $300 million in longs are liquidated

The crypto market tumbled to the lowest levels in more than two weeks, with bitcoin BTC$66,212.05 dropping below $67,000 and ether (ETH) closing in on $2,000. The CoinDesk 20 Index (CD20) lost 2.2% since midnight UTC, reaching its lowest since March 9. The fall coincided with a drop in U.S.

CoinDesk52m ago

Bitcoin traders see 53% odds of sub-$66K BTC by April 24

Key takeaways: Bearish sentiment is rising as Bitcoin options professional traders lose confidence that the $66,000 level will hold for long. The exit of David Sacks as the Crypto and AI czar and a lack of a clear US Strategic Bitcoin Reserve plan added to investors’ doubts. Bitcoi

Cointelegraph1h ago
Comment
0/400
No comments