Whale Opens $70.4M Short on 1,100 BTC; $530K in Floating Profit

Whale Opens $70.4M Short on 1,100 BTC; $530K in Floating Profit

N
News Editor
2026-08-11 01:13:48
On-chain analyst Yu Jin reports that a whale opened a short position of 1,100 BTC at $64,487 seven hours ago. The position value stands at $70,410,000, with unrealized profit of $530,000 and a liquidation price of $66,305.
According to on-chain analyst Yu Jin, a whale opened a short position of 1,100 BTC at $64,487 seven hours ago. The position is valued at $70,410,000. It currently shows floating profit of $530,000, with a liquidation price of $66,305.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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