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Whale Trader "pension-usdt.eth" Adds to BTC Short Position, Increasing it to About 250 Coins, with a Total Value of $51.8 Million

BlockBeats News, April 1st, according to Coinbob Popular Address Monitoring, the whale of the Band Protocol, address "pension-usdt.eth" (0x0ddf...), after opening a 3x leveraged BTC short position this morning, once again added approximately 250 BTC short positions in the past hour, totaling about $17.28 million, increasing the position size to $51.8 million, with an average price rising from $68,121 to $68,389, currently experiencing an unrealized loss of about $570,000 (-3.3%).


Currently, the remaining collateral in this address still amounts to $19.55 million, providing sufficient cushioning space. Combining its historical operating habits, this whale has typically tended to increase its BTC short position to about 1000 BTC to complete its position.

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