Gate News bot message, according to Onchain Lens, the “255 $BTC sold” whale has further increased its short positions in $BTC (10x) and $ETH (15x), now valued at $109M. The positions consist of 751.38 $BTC ($68.67M) and 12,909.15 $ETH ($40.79M). Currently, the whale is facing a floating loss of over $1.8M.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Nakamoto, a Bitcoin treasury company, seeks a reverse stock split to maintain Nasdaq listing eligibility
Bitcoin treasury company Nakamoto is seeking shareholder approval for a reverse stock split plan to address the ongoing decline in the share price and maintain its Nasdaq listing qualification. The company plans to combine shares at a ratio ranging from 1-to-20 to 1-to-50. The current share price is about $0.22, down roughly 99% from its peak. At the same time, Nakamoto has sold about 5% of its Bitcoin holdings for liquidity management.
GateNews21m ago
Bitcoin Developer Unveils Quantum-Resistant Wallet Rescue Prototype
A new prototype from Lightning Labs CTO Olaoluwa Osuntokun could help bitcoin users recover funds if quantum threats force drastic network changes. The tool addresses a key risk in proposed emergency upgrades.
Key Takeaways:
Lightning Labs CTO Olaoluwa Osuntokun built a prototype to secure bitcoi
Coinpedia23m ago
Bitcoin Depot Discloses $3.6M BTC Theft After Hack on Settlement Accounts
Bitcoin Depot reported a security breach where hackers stole 50.9 BTC, worth approximately $3.6 million, by compromising internal settlement account credentials. This incident highlights vulnerabilities in crypto companies' operational infrastructure, emphasizing the need for enhanced security measures.
CryptoNewsFlash30m ago
A whale that chased BTC higher within the day cut a long position of $17.6 million for a stop-loss; the position was closed at $71,463.
On April 10, Hyperinsight detected that Hyperliquid’s BTC main long address 0x1e9 closed out 247 BTC at $71,463, incurring a loss of about $180k. It chose to cut losses due to the BTC price pullback.
GateNews1h ago
Strategy Q1 Adds 89,599 BTC, Why Are Corporate Treasury and BTC ETF Funds Moving in Opposite Directions?
Strategy In Q1, bought 89,599 BTC, while Bitcoin ETFs saw nearly $500 million in outflows year over year, marking a historic divergence in capital between the two types of institutions.
InstantTrends2h ago
