A major player lost over $180,000 on closed short positions.

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According to data from Hyperinsight, the whale with the address 0x94d37 liquidated three significant short positions within just 50 minutes. The operation resulted in a loss of $180,000 for the investor.

Details of the Liquidated Positions

The closed trades involved three main assets:

  • Bitcoin (BTC) – a short position valued at $1.187 billion. With the current BTC price at $90,970, this position represented a significant share of the whale’s portfolio.

  • Ethereum (ETH) – a short position valued at $1.066 billion. The current ETH price is $3,120, indicating a dynamic change in the asset’s value.

  • Solana (SOL) – the smallest of the three positions, opened at $46.08 million. SOL is currently valued at $140.43.

What happened?

All three positions were opened yesterday and held for only 50 minutes before closing. The total loss on this series of transactions was exactly $180,000. Such rapid turnover suggests that the whale may have been reacting to changing market conditions or technical signals indicating it was time to exit short positions.

The event shows that even experienced investors and large market players in the cryptocurrency space can incur losses, especially when the market moves quickly and unpredictably.

BTC-0,34%
ETH-0,94%
SOL-1,85%
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