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Whale Turns Loss into Profit During Market Crash, But Incurs Further Losses Due to Failure to Close Position in Time

Summary: According to reports, during the market crash, the whale 0x5D2F (who had been holding a losing BTC short position for nearly 5 months) had the opportunity to break even, turning a $27 million loss into a profit. However, he did not close the short position in time. With the market rebounding, he has now lost ...

According to reports, during the market crash, the whale 0x5D2F (who had been holding a losing BTC short position for nearly 5 months) had the opportunity to break even, turning a $27 million loss into a profit.

However, he did not close the short position in time. With the market rebounding, he has now lost over $4.8 million. Liquidation price: $123,263.

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Link: Whale Turns Loss into Profit During Market Crash, But Incurs Further Losses Due to Failure to Close Position in Time   [Copy]
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