High-profile Whale Swaps ETH for BTC, Ancient Whale Increases Bitcoin Short Position to $750 Million, Leveraging Up to 10x

BlockBeats News, October 10, according to HyperInsight monitoring, the high-profile whale that switched from ETH to BTC has expanded its short position on BTC and increased leverage from 8x to 10x, currently holding a short position of 6,188.7 BTC, with a current value of $750 million. The current unrealized loss is $3.46 million, with a liquidation price of $130,810.