Two whales are respectively going long and short on BTC, with $3 million and $5.2 million.

BTC2,8%

PANews February 4 News, according to Onchain Lens monitoring, HyperLiquid is staging a whale long and short battle. The whale “0x8d0” deposited $3 million USDC and opened a BTC long position with 20x leverage, despite having previously lost over $11 million. The whale “0x218” deposited $5.2 million USDC and opened a BTC short position with 14x leverage, having already made a profit of $10 million.

View Original
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

Geopolitical Tensions With Iran Leave Bitcoin Hovering Near $69.5K

Bitcoin slipped below the $70,000 mark as macro risk assets came under pressure amid renewed Middle East tensions, renewing questions about BTC’s sensitivity to broader markets. The September session saw BTC pull back after a brief sprint to around $71,800 earlier in the week, with traders

CryptoBreaking35m ago

Bitcoin Depot CEO Resigns as Company Signals Business Contraction

Bitcoin Depot undergoes leadership changes, with Alex Holmes replacing Scott Buchanan amid increasing regulatory scrutiny and a projected revenue decline of 30-40%. The company faces heightened compliance costs and challenges in the Bitcoin ATM sector.

LiveBTCNews35m ago

K33 Research: Bitcoin Enters Bottom-Building Phase, Market Gradually Shakes Off Selling Pressure

Bitcoin has recently been oscillating between $60,000 and $75,000, with reduced selling pressure in the market. Spot ETF inflows have turned positive, indicating a possible market bottom formation. Long-term holders' reluctance to sell is also strengthening price support. However, macroeconomic uncertainty remains, impacting market sentiment.

動區BlockTempo40m ago

Viewpoint: Bitcoin Constrained Below $72,000, Four On-Chain Indicators Show Weakening Demand

Bitcoin price continues to remain below $72,000, with weakening market demand as investors begin to sell off positions, limiting short-term upside potential. On-chain activity and mining hash rate are declining, miner profitability is weakening, and market concerns about miner sell-offs are intensifying.

BlockBeatNews1h ago
Comment
0/400
No comments