Whale Opens New $34.3M Bitcoin Short Position Despite $33.64M Overall Loss

BTC-0,81%
DASH-1,49%

Gate News bot message, a whale known as “255 $BTC sold to Short” has opened a new $BTC short position with 40x leverage, using 521.69 $BTC worth $34.3M. The whale continues to hold its $DASH short position with 5x leverage, currently showing $4M profit. However, the whale’s overall position remains in a loss of over $33.64M.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin’s quantum challenges are ‘more social than technical’: Grayscale

The challenge to solving the quantum threat to Bitcoin could be more social than technical, according to Grayscale’s head of research, especially if the community fails to come to an agreement on certain contentious issues. Google released a paper that shook the crypto industry on March 30,

Cointelegraph2m ago

Strategy Buys 4,871 Bitcoin at $67,718 as Corporate Accumulation Outside Strategy Collapses 99%

Strategy Inc. (Nasdaq: MSTR), the largest publicly traded corporate holder of Bitcoin, acquired 4,871 BTC for approximately $329.9 million at an average price of $67,718 per bitcoin between April 1 and April 5, 2026, purchasing well below its overall cost basis of $75,644.

CryptopulseElite23m ago

In the past 24 hours, liquidations across the entire network totaled $197 million, with short liquidations accounting for over 54%.

Gate News message, April 7, according to CoinAnk data, over the past 24 hours the entire network liquidated $197 million in total, including approximately $89.12 million in long positions and approximately $108 million in short positions. By coin, liquidations were approximately $98.06 million for Bitcoin and approximately $37.04 million for Ethereum.

GateNews24m ago

Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal

Anthropic has announced a partnership with Google and Broadcom for "multiple gigawatts" of next-generation TPU compute capacity expected to come online starting in 2027, a commitment the company called its most significant to date as revenue growth accelerated to a $30 billion annual run rate

CoinDesk44m ago

Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal

Bitcoin dipped to $68,589 after a brief rally fueled by ceasefire news, as geopolitical tensions persist. Other cryptocurrencies also fell. Market uncertainty continues, with Bitcoin trading within the $65,000 to $73,000 range, awaiting Trump's deadline for Iran negotiations.

CoinDesk1h ago

Bitcoin spot ETF saw net inflows of $471 million yesterday, with BlackRock’s IBIT leading the way at $182 million in inflows in a single day

On April 6, Bitcoin spot ETF net inflows reached $471 million, including a single-day net inflow of $182 million for the BlackRock ETF and a net inflow of $147 million for the Fidelity ETF. Bitcoin spot ETF total net assets were $90.26B, with cumulative net inflows of $56.43B.

GateNews1h ago
Comment
0/400
No comments