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Data: The whale "Silver Ironhead Air Force" opened short positions on BTC and ETH in a short period, with pending orders pre-opening positions totaling $29 million.
ChainCatcher message: According to monitoring by Hyperinsight, the giant whale (“Silver Ironhead Air Force,” 0x61c) that focuses on shorting opened short positions on BTC and ETH in the short term. The average entry prices are around $67,500 and $2,055, respectively, with a total position size of roughly $4 million.
Meanwhile, this address has also densely placed limit orders above. The two types of limit orders total 200 orders, for approximately $29 million in all, awaiting upward price movement to trigger them:
BTC: sell orders of about $20 million placed in the $68,000 to $70,000 range;
ETH: sell orders of about $5 million placed in the $2,080 to $2,120 range.
In addition, this address has placed 100 buy orders in a range about $62,000 to $63,000 below the BTC price, planning to reach that range and gradually take profit.