Whale sat0shi777 Faces $3.09M Unrealized Loss on $102M Position: BTC Long and ETH Short Underwater

BTC0.44%
ETH0.01%

According to on-chain analyst Yujin, whale sat0shi777 (0x50b...9f20) opened a long position of 468 BTC at $62,729 on June 24, valued at $29.38 million. BTC subsequently fell below $60,000. Yesterday morning, the whale shorted 47,500 ETH at $1,536, worth $72.94 million, but ETH failed to decline further.

The whale's combined $102 million position is now underwater, with the BTC long unrealized loss at $1.86 million and the ETH short unrealized loss at $1.23 million, totaling $3.09 million in losses.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments