BlockBeats News, March 13th, according to Hyperinsight monitoring, on February 28th, the day the US-Iran war officially broke out in the form of an airstrike, a whale starting with 0x45b opened a 20x leveraged BTC short position, with an initial position entry price of $63,810, holding 35 BTC (about $2.25 million). Subsequently, the market experienced intense volatility, but BTC showed overall strength.
During this period, the address consistently added to the position to lower the average entry price, increasing the position size to $6.5 million, with the average price rising to $65,672. As of the time of writing, as the price of BTC continues to rise, this short position is now at a floating loss of $580,000, with a loss of 180%, and the liquidation price is set at $75,586.
