A Whale Goes Short to Long on BTC, Position Valued at $91 Million

BlockBeats News, November 28th, according to LookIntoChain monitoring, a whale that was shorting Bitcoin “0x0ddf9” has surrendered and switched to a long position. The whale closed its short position of 1000 BTC (worth $91 million) at a loss of $1.6 million, and subsequently opened a three times leveraged long position of 1000 BTC, worth $91 million, with a liquidation price of $59,112.