BTC Whale Increases Margin by $8.5M Amid $10.96M Losses as Bitcoin Hits New Highs
2025-07-11 07:36:41
Main Idea
A BTC whale increased their margin by $8.5 million to reduce liquidation risks, despite facing $10.96 million in unrealized losses on a $133 million short position as Bitcoin reaches new highs.
Key Points
1. A BTC whale added $8.5 million in USDC as margin collateral to avoid liquidation risks.
2. The whale holds a $133 million short position with unrealized losses of $10.96 million.
3. The liquidation threshold for the position is set at $123,691.43 per Bitcoin.
4. Bitcoin's price rally has increased pressure on the whale's short position.
Description
Mars Finance News reports that a prominent BTC whale, known for consistently shorting Bitcoin, recently injected an additional 3 million USDC as margin collateral, according to on-chain analyst @ai_9684xtpa. This
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