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After Losing $831K, an Address Opens $43.72M Long Position on BTC with 12x Leverage

OdailyOdaily
HYPEUSDT--BTCUSDT--

Odaily News: According to on-chain analyst Ai Yi's monitoring, an address 0x604…0b21d shorted $45.17 million worth of BTC from Aug. 24 to Aug. 25, exiting with a loss of $831,000. Early this morning, the address switched to opening a 12x long position on 554.71 BTC, valued at approximately $43.72 million, making it the eighth-largest BTC position on Hyperliquid. The entry price was $80,140.6, and it is currently showing an unrealized loss of $748,000.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.