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via Cointelegraph · By Cointelegraph Staff
Bitcoin Trader Records $13M in Unrealized Losses As BTC
BTC
BTC/USDT
$62,940.97
-0.35%
$62,940.97
-0.35%
(24s)24h Volume
$3,274,017,416.55
24h H/L
$63,390.00 / $62,754.00
Change: $636.00 (1.01%)
Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate
+0.0028%
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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