Data: Large whale increases BTC short position to $53.9 million

GateNews
BTC-0,28%
ETH0,09%

According to ChainCatcher news, according to Hyperinsight monitoring, Giant Whale (0x50b30) continued to increase its BTC short position today, currently shorting 583.76 BTC (approximately US$53.9 million) with 20x leverage, with an average position price of US$92,434.8 and a floating profit of US$86,000. In addition, it simultaneously increased its long ETH hedging position, taking a long 3,130.39 ETH (approximately US$9.85 million) with 14x leverage, and now has a floating loss of US$118,000.

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

DOJ Drops Powell Probe, Clearing Path for Warsh Fed Nomination

The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm incoming central bank chair Kevin Warsh, according to an announcement by U.S. Attorney for the District of Columbia Jeanine Pirro on Friday. The

CryptoFrontier1h ago

Bitcoin ETFs See $213M Daily Inflow, Ethereum ETFs Record $83M Outflow on April 24

Gate News message, according to the April 24 update, Bitcoin ETFs recorded a single-day net inflow of 2,733 BTC (approximately $213.15 million), with a 7-day net inflow of 18,232 BTC (approximately $1.42 billion). Ethereum ETFs showed a single-day net outflow of 35,713 ETH (approximately $82.93 mill

GateNews5h ago

Bitcoin Breaks $78,000 but Falls 0.47% Intraday

Gate News message, April 24 — Bitcoin broke through $78,000 today, though it recorded a 0.47% decline over the intraday period.

GateNews5h ago

Project Eleven awards Q-Day 1 BTC bounty: researchers use a quantum computer to crack a 15-bit elliptic curve key

Project Eleven, a nonprofit organization focusing on research into “Q-Day (Quantum Computer Breaks Blockchain Cryptography Day),” announced on 4/24 that it would award a $1 Bitcoin bounty to independent researcher Giancarlo Lelli. Using a Shor algorithm variant on publicly accessible cloud quantum computer hardware, Lelli successfully cracked a 15-bit elliptic curve key—marking the largest public quantum attack demonstration to date. Attack Scale and Significance Project Content Winner Giancarlo Lelli (Independent Researcher) Attack Target 15-bit elliptic curve key, searching 32,767 possibilities Using Hardware Publicly accessible cloud quantum computers Algorithm Shor

ChainNewsAbmedia5h ago

Nakamoto Inc. Activates BTC Treasury With Derivative Trading Strategy, Holds 5,058 BTC

Gate News message, April 24 — Nakamoto, Inc. (Nasdaq:NAKA) has announced an active management strategy for its Bitcoin treasury, marking a shift from idle holdings to derivative-based income generation. The company holds 5,058 BTC, ranking 20th among public companies with BTC holdings, and recently

GateNews6h ago

Metaplanet Issues $50 Million in Zero-Interest Bonds to Fund Bitcoin Purchases

Gate News message, April 24 — Japanese bitcoin treasury firm Metaplanet announced on Friday that it is issuing 8 billion Japanese yen (approximately $50 million) in zero-interest ordinary bonds to fund future bitcoin purchases. The bond issuance was fully subscribed by EVO Fund, a Cayman

GateNews6h ago
Comment
0/400
MahoMotovip
· 01-06 01:27
2026 GOGOGO 👊
Reply0
MahoMotovip
· 01-06 01:27
Happy New Year! 🤑
Reply0
ZerotoSatoshisvip
· 01-05 17:02
Whale clearly betting on BTC downside while hedging with ETH longs. High leverage on both sides = strong conviction, but risk is elevated. This looks more like market-neutral positioning than a pure directional play.
Reply1
Marif1724vip
· 01-05 11:10
btc on the moon no one can stop
Reply1
GateUser-f377c8a8vip
· 01-05 08:17
2026 Go Go Go 👊
View OriginalReply1
GateUser-f377c8a8vip
· 01-05 08:17
2026 Go Go Go 👊
View OriginalReply1
GateUser-f377c8a8vip
· 01-05 08:17
2026 Go Go Go 👊
View OriginalReply0
tropirichvip
· 01-05 08:08
good info bro
Reply1
MyMyDjanvip
· 01-05 07:27
Happy New Year! 🤑
Reply0
EMR16vip
· 01-05 07:25
Hold tight 💪
View OriginalReply0
View More