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via Cointelegraph · By Cointelegraph Staff
Bitcoin Trader Records $13M in Unrealized Losses As BTC
BTC
BTC/USDT
$79,690.00
-0.48%
$79,690.00
-0.48%
(24s)24h Volume
$7,378,901,677.27
24h H/L
$80,134.15 / $79,233.00
Change: $901.15 (1.14%)
Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate
+0.0019%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(01:56 PM UTC)
1 min read
A Bitcoin (BTC) whale is now down about $13 million as BTC price has rebounded by around 40% from its February lows. However, the trader continues to stand by the short position.
Key takeaways:
- A trader known as “pension-usdt.eth” is short 1,000 BTC worth roughly $81 million using 3x leverage.
- The BTC short position will be fully liquidated at $100,810, while Kalshi bettors now assign a 50%…
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