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Home News During a market crash, a whale who had been holding a short position for 5 months managed to turn the losses into gains, but failed to close the position in time, resulting in further losses.

During a market crash, a whale who had been holding a short position for 5 months managed to turn the losses into gains, but failed to close the position in time, resulting in further losses.

During a market crash, a whale who had been holding a short position for 5 months managed to turn the losses into gains, but failed to close the position in time, resulting in further losses.

BlockBeats News, October 13th, according to LookIntoChain monitoring, the market crash gave the whale 0x5D2F (who had been holding a losing BTC short for almost 5 months) the opportunity to break even, turning his $27 million loss into a profit.

However, he did not close the short position in time. With the market rebounding, he has now lost over $4.8 million. Liquidation price: $123,263.

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