「Lightning Reverse」 Whale Flattens BTC Long of About $520,000, Unrealized Loss Currently Over 50%

BlockBeats News, January 19th, according to HyperInsight monitoring, the address identified as the "Lightning Hammer" whale (0x50b3...) once again conducted a capitulation operation on its BTC long position, increasing its holdings by 6.09 BTC, worth approximately $523,600.

After this capitulation, the average holding price of its BTC long position decreased from $95,504.10 to $95,014.10, with a total position size of about $1.9205 million. The position is currently at a floating loss of approximately $48,600, representing a loss of 50.59%.