CoinWorld News: Since MicroStrategy first reduced its Bitcoin holdings, the stock price of MicroStrategy (MSTR) has fallen 48% cumulatively, and dropped another 13.8% in the last 24 hours, now trading at $84, hitting a two-year low. The company's unrealized loss on its Bitcoin holdings has exceeded $13 billion. On-chain data shows that the current short nominal size is about $5.55 million, longs about $5.86 million, with a short/long nominal ratio of about 0.95x. The overall average price for longs is about $97.24, and the current price has fallen below that average, so longs are generally turning to losses. The nearest long liquidation line is at $76.25, about 9.3% below the current price. Among them, a high-position short opened a short position at $130.65 with 10x leverage, with a position size of $2.4 million, and floating profit has reached $1.32 million.

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GateUser-26f91b48
· 3h ago
Unrealized loss of $13 billion, that's more money than I've seen in my lifetime.
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MintLiquidationWarning
· 3h ago
The brother who shorted at 130 with 10x leverage should be financially free now.
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DexterRamen
· 3h ago
How are those who bought BTC following MicroStrategy's lead back then doing now?
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Semi-MatureGovernanceVote
· 3h ago
MSTR falls below the average price of long positions; the on-chain liquidation line is $76. If it drops another 10%, a chain reaction of liquidations will be triggered.
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