The largest on-chain Bitcoin short has added to its bearish bet, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa) cited by BlockBeats on Aug. 14. The position has now risen to $125 million, while the trader is showing a floating profit of $1.794 million. Ai Yi’s update said the whale added another 258 BTC about five minutes before the report. That moved the total position to 1,900 BTC. The reported entry price for the position stands at $63,582. No other details were disclosed in the update.
BlockBeats reported on Aug. 14, citing monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), that the largest on-chain Bitcoin short has increased its bearish position to $125 million and is currently sitting on a floating profit of $1.794 million.
The whale added another 258 BTC about five minutes before the update. Its latest position was reported at 1,900 BTC, with an entry price of $63,582.
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