Whale 0xccf3 closes 760 BTC short for $266K profit, opens 40x long
- —Closed a short on 760 BTC (~$58.4 million) with a profit of ~$266,000
- —Opened a 40x long on 900 BTC (~$69.2 million)
- —Unrealized profit on the long is ~$173,000
Why it matters: Large leveraged whale positions can amplify BTC volatility if the price moves against the long.
Source: PANews