Whale Closes BTC and ETH Long Positions With $1.86M Loss
A whale address (0x94d...) closed its BTC and ETH long positions within the past hour, with liquidation value reaching approximately $13.13 million, BlockBeats reports citing Hyperinsight data. The trades involved a $29.94 million BTC long and a $24.13 million ETH long, both closed at a combined loss of roughly $1.86 million. The address had previously opened large short positions against MicroStrategy's December BTC purchases, once holding Hyperliquid's largest BTC short at $120 million before reversing to long and being liquidated at $3,113.