Whale reduces holdings by 350 BTC, still holding 610.01 BTC short positions
2026-08-21 09:53:54
According to CoinMeta, a whale that went short on BTC for $85.58 million was liquidated yesterday after incurring a loss of $1.112 million from 240 lots of BTC. This morning, the whale voluntarily reduced its position by 350 lots of BTC, suffering a loss of $2.581 million, which brought the margin utilization rate down to 101%. The whale still holds a 40x short position of 610.01 lots of BTC worth $45.58 million, with a floating loss of $4.783 million.
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Source:Internet
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