Largest On-Chain BTC Short Closes 2,136 Bitcoin Position With $1.65M Gain, Switches to 40x Long
According to Lookonchain, the largest on-chain Bitcoin short position (address 0x66f8) closed 2,136 BTC shorts today, valued at $136 million, securing a profit of $1.65 million. The same address subsequently opened a leveraged long position of 200.82 BTC at 40x leverage, worth $12.74 million.
BTC0.86%
GateNews·08-14 04:01

