A significant whale has initiated short positions in Bitcoin (BTC) and SPCX, totaling approximately $73.76 million, as reported by Onchain Lens. The positions include a 40x leveraged short on 1,002.5 BTC and a 10x leveraged short on 89,695.7 SPCX. The liquidation price for the BTC position is set at $62,071.8, indicating a strategic move in the current market conditions.
Whale Opens $73.76 Million Short Positions in BTC and SPCX
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
