The Bitcoin OG who boldly switched holdings to Ethereum has increased BTC short positions, currently facing an unrealized loss of $3.66 million.
BlockBeats News, October 10, according to monitoring by Lookonchain, the Bitcoin OG who previously made headlines by swapping holdings for Ethereum has now increased his short position to 3,600 BTC ($438 million), currently facing an unrealized loss of $3.66 million. The liquidation price is $139,900.
According to previous reports, around 1 a.m. today, this address deposited 80 million USDC into Hyperliquid and opened a 6x leveraged short position with 3,477 BTC ($419 million), with a liquidation price of $140,660. At the same time, he also deposited 50 million USDC into an exchange.
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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