
BIT-Linked Whale Faces $84M Unrealized Loss on Leveraged ETH Long as Ether Drops Below $1,600
BitcoinWorld BIT-Linked Whale Faces $84M Unrealized Loss on Leveraged ETH Long as Ether Drops Below $1,600 A cryptocurrency whale address linked to BIT, formerly known as Matrixport, is facing over $84 million in unrealized losses on a substantial Ethereum long position. The position, comprising 120,000 ETH, has been severely impacted as the price of Ether dropped below $1,600, according to data from HyperInsight, a blockchain analytics platform. Details of the Whale [...] This post BIT-Linked Whale Faces $84M Unrealized Loss on Leveraged ETH Long as Ether Drops Below $1,600 first appeared on BitcoinWorld .







