CoinScoopWhale Flips Position: Closes BTC Short for Profit and Opens 40x Long
According to Lookonchain, a whale address (0xccf3) closed a short position of 760 BTC for a profit of $266,000. The whale subsequently opened a 40x leveraged long position for 900 BTC, currently showing an unrealized profit of approximately $173,000.
Summaries are written by AI from the original article. Not investment advice.