"Lightning Reverse" whale flattens BTC long positions and opens a new ETH long position worth approximately $1.08 million

BTC-0,38%
ETH-0,31%

BlockBeats News, January 15 — According to HyperInsight monitoring, the address labeled as “Lightning Reverse” whale (0x50b3…) executed a liquidation operation on its BTC long position, increasing by 65.72 BTC, worth approximately $6,475,200. After liquidation, the average cost of its BTC long position slightly decreased from $96,981.90 to $96,917.50, with a position size of about $59.99 million. Currently, this position has an unrealized loss of approximately $411,700. Meanwhile, the address opened a new long position in ETH, establishing a 329.26 ETH long with an average price of about $3,303.32, with a position size of approximately $1.0872 million.

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