A whale has opened a $15 million short position on BTC, with the current price less than $300 away from their take-profit point.
BlockBeats News, May 9th, according to Hyperinsight monitoring, Hyperliquid Whale, who is accustomed to using the Scalping strategy, briefly opened a 40x leveraged BTC short position, with a position size of $15.3 million. The entry price was $80,600, take-profit was set at $80,100, and stop-loss was set at $80,700.
This is the Whale's third time this week using a large position to profit from narrow price differences. Despite the multimillion-dollar position size, the total net profit from multiple operations is only about $8,000, with an overall account return rate of less than 2%.
Address: 0x6572bc26edf54a74bef243eff10d3fbe6d461eb7
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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