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by: xpoolPosted on: April 23, 2025

Bitcoin Whale Shorts Cryptocurrency with High Leverage During Price Surge

A whale suspected to hold significant Bitcoin holdings has taken a short position on the cryptocurrency using six times leverage following a price surge, according to data from Look On Chain. The whale opened these positions at prices of $92,469.1 and $92,664.8 for a total holding of $74.5 million. Liquidation levels are set at $10,722 and $10,716 for the two respective positions.

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#BTC Bitcoin Shorting

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