A whale shorted 397.9 BTC while longing 4383 ETH, initiating a hedging position

By: theblockbeats.news|2026/01/09 05:45:59
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BlockBeats News, January 9th, according to Hyperinsight monitoring, a whale went long 4383.15 ETH with 14x leverage at 12:40 today (about $13.67 million). Earlier, the whale had opened a short position of 397.98 BTC with 20x leverage (about $36.22 million), initiating a hedge position. The account is currently slightly underwater.

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