A certain whale's $4 million BTC long position has been held for half a year, currently only about 1.3% away from liquidation.
BlockBeats News, on February 2, according to monitoring by HyperInsight, the whale with address starting with 0xd9e has been continuously holding BTC long positions since last August, with an average entry price of around $114,000. The position has never been closed during this period, and amid the recent sharp market correction, the position is now close to the liquidation threshold.
Currently, this address holds a 4x leveraged BTC long position of approximately $4.54 million, with an unrealized loss of up to $2.35 million (about -207%), and a liquidation price of around $74,500. Due to ongoing losses, the available funds in the account have dropped below $100,000, leaving only about 1.3% downside before triggering liquidation.
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.
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