Markets· ★★· bearish· October 27, 17:04

Whale Mk4 shorts Bitcoin and seven major altcoins for $13.1M

—Mk4 holds $13.1M in shorts on bitcoin and seven major altcoins
—NEAR long exceeds $25M, with roughly $12.15M in one position
—Positions were mapped by Arkham from on-chain data

Why it matters: Large opposing bets by a single whale show how traders are hedging altcoins against bitcoin in a weak market.

Source: Coinotag

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