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A certain trader is 12x short 70 BTC, with an average entry price of $89,508

2026-01-23 09:12

BlockBeats News, January 23, according to HyperInsight monitoring, a trader shorted 70 BTC with 12x leverage at 16:47, with an average entry price of $89,508, currently slightly in profit.

The address has a trading style that prefers high-frequency short-term trading, focusing on BTC perpetual contracts recently, with frequent long and short switches.

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An address redeemed 6300 ETH from Renzo in the last 5 hours and deposited it into Coinbase.

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"The 'ZEC Maximalist Short' took profit on the ETH short position, realizing about $3.13 million in gains, and allocated some of the funds to a long position on DASH."

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A whale opened a 40x leverage BTC short position at the liquidation price, with a position size of $21.22 million

24H Important News

2026-01-23

Several analysts predict that Bitcoin will be in a bear market in 2026, potentially dropping to $58,000.

Polymarket predicts a 32% probability of "Bitcoin dropping to $85,000 in January" and only a 6% probability of rising to $100,000.

An address redeemed 6300 ETH from Renzo in the last 5 hours and deposited it into Coinbase.

The amount of ETH staked in the Ethereum PoS network's validator queue continues to grow, reaching a new high since July 2023.

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