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Whale "sat0shi777" is trapped on both long and short positions simultaneously, with a total position of $102 million experiencing a floating loss of over $3 million.

MarsBitNews
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Abstract generation in progress
Mars Finance News, June 28 – According to EmberCN monitoring, a whale address on-chain named "sat0shi777" has recently executed a rare move where both long and short positions were simultaneously trapped. On June 24, the whale opened a long position of 468 BTC at an average price of $62,729, with a position value of approximately $29.38 million. Subsequently, Bitcoin fell below $60,000, and the long position is currently showing an unrealized loss of about $1.86 million. Yesterday morning, the whale opened a short position of 47.5k ETH during the downtrend at an average price of $1,536, with a position value of approximately $72.94 million. However, ETH did not continue to decline, and the short position is currently showing an unrealized loss of about $1.23 million. The total market value of the two positions is approximately $102 million, with a combined unrealized loss exceeding $3.09 million, resulting in losses on both the long and short directions.
BTC-0.58%
ETH-0.90%
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