BlockBeats news, on December 3, according to lookonchain monitoring, address 0x4321 has admitted defeat—closing out its Bitcoin short position with a loss of $3.2 million. Meanwhile, address 0xfB66 is still holding its Bitcoin long position, currently with over $2.5 million in unrealized profit. Yesterday, two new wallet addresses in the market were engaged in a long vs. short battle:
· 0xfB66 opened a 15x leveraged long position:
Position: 300 BTC ($25.9 million)
Entry price: $84,736.9
PNL at the time: +$505,000
Liquidation price: $72,424
· 0x4321 opened a 20x leveraged short position:
Position: 447.38 BTC ($38.67 million)
Entry price: $86,373.6
PNL at the time: –$33,700
Liquidation price: $92,884
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy Buys Another 4,871 Bitcoin As Saylor Confirms $329.9 Million Purchase
Strategy has added 4,871 Bitcoin to its holdings, totaling 766,970 BTC at an average cost of $75,644 each, funded by equity sales. Despite a substantial unrealized loss, the company maintains a commitment to Bitcoin as a core asset.
BlockChainReporter33m ago
Can Trump’s ultimatum to Iran push Bitcoin price back up to $75K?
Key takeaways:
Trump’s Tuesday deadline to Iran creates a pivotal moment for Bitcoin as it continues to decouple from gold.
While a ceasefire could boost equities, Bitcoin’s $75,000 path depends on its role as a hedge against fiscal instability.
BTC may benefit from (no) US-Iran ce
Cointelegraph34m ago
Africa’s cryptocurrency adoption skyrockets by 52%, with regulation and mobile payments accelerating the rapid spread of digital assets
Gate News updates: Africa’s cryptocurrency market is seeing rapid growth. According to Ripple’s latest report, the total on-chain transaction value in the region grew 52% year over year, a trend closely tied to more and more countries putting clear cryptocurrency regulatory rules in place. Countries such as South Africa, Nigeria, Kenya, and Mauritius are gradually bringing digital assets under financial supervision, giving businesses and users greater confidence and thereby boosting cryptocurrency adoption rates.
GateNews34m ago
