According to on-chain data, as ETH drops below $1,600, the unrealized loss on a long position of 120,000 ETH held by a BIT-connected whale has exceeded $84 million.
The data shows that the position was established with 15x to 20x leverage, and the whale has already paid approximately $1.85 million in funding fees.
Faster global financial news!
Unrealized Loss Exceeds $84 Million, BIT-Connected Whale Opens Long Position on 120,000 ETH with 15-20x Leverage
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
-
2
LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
-
3
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
4
Global Business Forum Urges Business Leaders to Embrace AI and Rethink Strategies
-
5
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
6
Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
-
7
zkLink Nova Bridge Exploited, Approximately $779,000 Stolen in a Single Transaction
-
8
Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
-
9
Google-backed Proxima Fusion partners with Japan's Fujikura to build fusion reactor component facility in Germany
-
10
onXRP Team to Launch New Trading Method on XRP Ledger Next Week
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
