Whale Adds to Short Position on BTC, Facing a Mark-to-Market Loss of Nearly $5.8 Million, Margin Call Imminent
By: theblockbeats.news|2025/09/11 04:52:00
BlockBeats News, September 11th, according to HyperInsight monitoring, a whale address '0x5d2f4' increased its BTC short position by about $1.06 million. Currently, this short position is facing a floating loss of $5.78 million, with a liquidation price of $118,627.63. If the Bitcoin price continues to rise by about 3.7% to $118,600, this position will face the risk of liquidation. Previously, this address had repeatedly added to its BTC short position between August 11th and 15th. Additionally, this whale also holds an ETH short position with 25x leverage, but has not yet realized any profits.
A single transaction with a transaction fee of up to 288.35 ETH appeared on the Ethereum chainOpinion: Bitcoin's monthly low has often been established in the first 10 days over the past year, suggesting that this month's bottom may have already been reached.
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