Bitcoin Whale Opens New BTC Short at $108,300; Unrealized Loss Tops 20% with $109,700 Liquidation Price

COINOTAG News, citing HyperInsight, reports that in the last three hours a whale address beginning with 0x3fc closed a BTC long and opened a BTC short at an average price of $108,300, representing a nominal exposure of $80.28 million. The unrealized loss on the new short is above 20%, with the liquidation price around $109,700.

Within the same window, the same address went long on BTC and SOL during today’s market pullback at 4:00 a.m., before closing those positions three hours later. The entity has accrued about $3.64 million in losses over the past week.

These actions illustrate the active risk management posture among large holders as liquidity and momentum shift, emphasizing disciplined positioning in a volatile crypto landscape.