After multiple liquidations, the current residual position of the “insider whale” has dropped to $47.34 million
Odaily News According to the on-chain analyst Yu Jin, the recent surge was caused by Insider Brother @qwatio
The short positions of the BTC investor were liquidated again. It seems that the guy is determined to short and will not give up until all the margin is liquidated. In fact, his position was liquidated to only $43.68 million on the 3rd, but the BTC price later fell back a little, and his seriously losing position recovered a little, so he added more positions.
The $16.28 million short position opening margin has now been reduced to $800,000, and the short position has lost $15.48 million.
The current residual position after multiple liquidations is $47.34 million:
40x short 368 BTC, valued at $40.05 million, opening price $107724, liquidation price $109196;
25x short 2846 ETH, worth $7.28 million, opening price $2452, liquidation price $2611.
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