A certain whale sold 197 BTC and opened a short position of 561 BTC with 3x leverage.
According to Jinse Finance, monitored by Lookonchain, the whale address 0x01ef sold 197 bitcoins at a price of $108,398 (worth $21.35 million), and subsequently opened a 3x leveraged short position of 561 bitcoins (worth $60.89 million).
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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