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A certain whale opened short positions of 17 million BTC and ETH before the drop, with unrealized profits reaching $630,000.
Mars Finance News. On April 2, according to monitoring by Hyperinsight, a whale that begins with 0x610 deployed a sell order this morning, opening a 10x leveraged BTC short position at an average price of $68,309 and an ETH short position with 25x leverage at an average price of $2,136. The combined total size is $17.10 million. As the market subsequently pulled back, the two short positions combined currently have unrealized gains of $630,000, with an overall position return rate of 50%. As of the time of publication, the positions have not yet closed to take profit.