BlockBeats said on August 19 that TradingBeats, formerly Hyperinsight, tracked a whale short position in 1,800 BTC worth about $125 million. As Bitcoin kept rebounding, the short was fully liquidated, leaving an estimated loss of about $2.9 million. The report did not identify the trader.
BlockBeats reported on August 19 that TradingBeats, formerly Hyperinsight, monitored a whale that had shorted 1,800 BTC in a position worth about $125 million.
As Bitcoin continued to rebound, the short position was fully liquidated. The estimated loss was about $2.9 million.
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