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40x Leverage Whale 'WhaleJumping': Opens $12M BTC Short, Quickly Switches to Long After Small Loss

2 hours ago

On March 24th, per HyperInsight monitoring (via Telegram: https://t.me/HyperInsight), the whale with the address starting with 0x93115 opened a 40x-leveraged short position of 176 BTC (valued at ~$12.4827 million) 19 minutes ago. After a minor $7,000 loss, the whale quickly flipped to a long position, opening a 40x-leveraged 190 BTC long (valued at ~$13 million). The average entry price was $70,963.6, with a liquidation price of $67,599. This whale has frequently traded high-leverage BTC contracts in the past, posting an overall recent account loss of ~$8.5 million.
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