Crypto Whale 0x01f Closes 139 Bitcoin Short for About $56,000 Loss

The 139 Bitcoin short position, valued at about $10.42 million, was opened early on April 16 and fully closed within the past half hour.

BTC

Summary

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Terms & Concepts
  • Short position: A trading strategy that bets an asset’s price will fall, with profits or losses realized when the position is closed.
  • Bitcoin whale: A market participant holding or trading a large amount of Bitcoin, often large enough to draw attention from traders.
  • Average price: The mean execution price of a trade or position, used to measure entry or exit levels and calculate profit or loss.