Svmuu News: According to on-chain analyst Yu Jin, the whale sat0shi777 (0x50b... 9f20) opened a long position of 468 BTC at a price of $62,729 on the 24th, worth $29.38 million, after which BTC fell below $60,000; Yesterday morning, following the decline, the whale shorted 47,500 ETH at $1,536, worth $72.94 million; ETH did not continue to fall thereafter.
Currently, their $102 million position is showing simultaneous unrealized losses, with the BTC long position at a loss of $1.86 million and the ETH short position at a loss of $1.23 million.
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Positions worth $102 million are currently showing unrealized losses; a "whale's" BTC long positions and ETH short positions have incurred a combined unrealized loss of $3.09 million.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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