Whale pension-usdt.eth's $110M Short on BTC and ETH Down $15.25M as April Rally Continues

BTC2,17%
ETH3,44%

Gate News message, April 27 — According to on-chain analyst Yujin’s monitoring, whale pension-usdt.eth opened a 3x leveraged short position on $110 million worth of BTC and ETH near the start of April, but has since incurred a floating loss of $15.25 million as prices rallied throughout the month.

The whale shorted 1,000 BTC at $67,992 per coin, currently facing a $10.57 million unrealized loss with a liquidation price of $99,394.

The position also includes 20,000 ETH shorted at $2,132 per coin, with an unrealized loss of $4.68 million and a liquidation price of $3,400.

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 Breaks $79K, Trader 'Maji' Scores $2.7M Unrealized Gains; Weekly Profit Hits $4.26M

Gate News message, April 27 — As Bitcoin surged past $79,000 this morning, the trading account "Maji" posted over $2.7 million in unrealized gains on long positions. According to Hyperinsight monitoring data, Maji has accumulated $4.26 million in profits over the past week. As of press time, Maji's

GateNews3m ago

Crypto Market Surges Across Multiple Sectors; RWA Leads with 4.81% Gain, BTC Breaks $79K

Gate News message, April 27 — According to SoSoValue data, the crypto market showed broad-based gains on April 27. The RWA sector led with a 24-hour increase of 4.81%, featuring Pendle (PENDLE) up 7.39%, Centrifuge (CFG) up 7.17%, Ondo Finance (ONDO) up 5.44%, and Keeta (KTA) up 5.89%. Major assets

GateNews48m ago

Crypto Exchanges See 15,952 BTC Outflows Over Past Week, Balances Drop to 2.447M

Gate News message, April 27 — According to Coinglass, cryptocurrency exchanges experienced cumulative outflows of 15,952.91 BTC over the past week, bringing total exchange balances to 2.447 million BTC. Leading exchanges accounted for the majority of outflows: one major exchange moved 6,269.08 BTC,

GateNews2h ago

Bitcoin 8-Hour Average Funding Rate Turns Negative at -0.0024%

Gate News message, April 27 — According to Coinglass data, Bitcoin's 8-hour average funding rate across major exchanges has turned negative at -0.0024%, indicating a shift toward bearish sentiment among traders. Funding rates vary across platforms: certain major CEXs are charging 0.0003%

GateNews3h ago

Bitcoin Miners' Holdings Hit One-Month Low at 1.8M BTC as Hash Rate Declines

Gate News message, April 26 — Bitcoin miners' holdings dropped to 1,803,263 BTC (approximately $207.9 billion) as of April 25 at 2 p.m., according to CryptoQuant data. This represents a decrease of 1,248 BTC from seven days prior and marks the lowest level in approximately one month since

GateNews3h ago

UTXO Management Launches Dual-Category Digital Credit Yield Funds

UTXO Management announced the formation of the UTXO Preferred Income Strategies LP, issuing a dual-class digital credit income fund, divided into a senior income class and a total return class. The former seeks steady cash flow, monthly distributions, and enjoys priority allocations; the latter uses leverage to pursue capital appreciation. It also issued STRC preferred securities, combining fixed-income and digital asset exposure, offered only in a private placement to qualified investors.

ChainNewsAbmedia4h ago
Comment
0/400
No comments