Aggressive short traders have once again shorted 510 BTC, bringing their short positions to $200 million.
``` according to on-chain analyst Yu Jin's monitoring, aggressive rolling traders shorted an additional 510 BTC (47.3 million USD) during Bitcoin's decline at 7 o'clock today, with their short position reaching 200 million USD. Their BTC short position is only 1,600 USD away from the liquidation price, and their ETH short position is only 56 USD away from the liquidation price.
· Shorted 1,073 BTC (100 million USD), opening price 92,469 USD, liquidation price 94,384 USD. Floating loss of 280,000 USD.
· Shorted 31,093 ETH (100 million USD), opening price 3,270 USD, liquidation price 3,246 USD. Floating profit of 2,490,000 USD.
```
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS warns: US midterm elections may cause severe market volatility, current period is the "calm before the storm"
The chief economist at UBS has issued a warning that September to October has been the most volatile period of the year since 1928, with the effect especially pronounced during midterm election years. The betting odds for Senate control are close to fifty-fifty. Historical data shows that the S&P 500 typically declines before the elections, but posts an average return of about 14% by the following March.
Federal Reserve: Policy path reshaped – Rabobank
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
10-Yr Benchmark Govt Yields - Germany vs Other Nations
Crypto prices
More
