BlockBeats News, January 21 — According to Hyperinsight monitoring, the “Lightning Reverse” whale closed ETH short positions today, realizing a profit of $1,312,000. Subsequently, it continued to increase its long positions in BTC, currently holding a 20x leveraged long position of 754.92 BTC (approximately $67.27 million), with an average entry price of $89,848.3, and an unrealized loss of $565,000.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC drops below $70,000, down 0.36% within the day
Gate News Report: On March 12, BTC dropped below $70,000, decreasing by 0.36% within the day.
GateNews11m ago
BTC drops below 70,000 USDT
Gate News bot message, Gate market display, BTC drops below 70,000 USDT, current price 69,986.8 USDT.
CryptoRadar14m ago
Businesses are increasing Bitcoin accumulation, leading to a tightening of market supply
The accumulation of Bitcoin (BTC) by companies is rising, significantly impacting the cryptocurrency market. Public firms are buying BTC faster than miners can produce it, reducing supply on exchanges and potentially increasing price volatility. Companies like Metaplanet follow MicroStrategy's lead in holding Bitcoin as a long-term asset. The approval of Bitcoin ETFs and growing institutional interest further boost market demand, suggesting a positive long-term outlook despite potential price fluctuations.
TapChiBitcoin25m ago
Metaplanet establishes two subsidiaries with plans to invest 4 billion yen to develop the Japanese Bitcoin ecosystem
Metaplanet announced the establishment of two subsidiaries on March 12, namely Metaplanet Ventures and Metaplanet Asset Management. The former will invest 4 billion yen to support the Japanese Bitcoin ecosystem, launching an incubator and funding programs; the latter is positioned as a digital credit and Bitcoin capital market platform, aiming to connect Asian and Western capital markets. The first investment is a maximum of 400 million yen in JPYC.
GateNews56m ago
