BlockBeats News, September 16th: The Federal Reserve’s September interest rate meeting will be held on September 18th. The market widely speculates a high probability of a rate cut for this meeting. Due to this event, recent on-chain whale activities have been frequent.
According to HyperInsight monitoring, the address starting with 0xa523 reduced its BTC short position by 168.78 coins. The current position value is approximately $68.795 million, with an unrealized loss of about $1.14 million. The liquidation price is around $11.67 thousand, with a distance to liquidation of about 0.81%. This address has recently utilized approximately 40× leverage and has accumulated a total loss of $44.45 million in the past month. The total account position value is around $68.84 million.
