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A major whale switched from short to long on BTC, with a position valued at $91 million.

A major whale switched from short to long on BTC, with a position valued at $91 million.

BlockBeats2025/11/28 10:42
BTC-0.18%

BlockBeats News, November 28, according to monitoring by Lookonchain, a bitcoin short whale "0x0ddf9" has capitulated and switched to going long. The whale closed a short position of 1,000 bitcoins (worth $91 million), incurring a loss of $1.6 million, and subsequently opened a 3x long position of 1,000 bitcoins, also worth $91 million, with a liquidation price of $59,112.

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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