A certain whale has opened a 40x short position on BTC combined with a 20x long position on crude oil as a "hedge," with both positions currently in loss.

A certain whale has opened a 40x short position on BTC combined with a 20x long position on crude oil as a "hedge," with both positions currently in loss.

2026-03-25 10:39View Original

ChainThink message, March 25: According to Lookonchain monitoring, the whale who previously shorted 255 BTC by selling, has now opened a 40x short position on 1,000 BTC (approximately $70.7 million) and a 20x long position on 202,155 units of xyz:BRENTOIL (approximately $19.25 million), both currently in a loss position. He had previously achieved a floating profit of $25.16 million, but is now facing a floating loss of $33.39 million.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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