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$3.2 Million Losses and Forced Exit! Latest Report on the BTC Bull vs. Bear Battle: Bears Have Surrendered

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[BlockBeats] December 3 Latest Battle Update: The whale who heavily bet on BTC’s decline finally couldn’t hold on.

Address 0x4321 just conceded and closed its position, with this short position instantly evaporating $3.2 million. On the other side, address 0xfB66 is still stubbornly holding its long, with an unrealized profit of over $2.5 million.

Here’s how it all started yesterday: two new wallets suddenly went head-to-head—

Bullish player 0xfB66: • Went all-in with 15x leverage on 300 BTC ($25.9 million) • Entry average price: $84,736.9 • At the time, unrealized profit was $505,000 • Liquidation price: $72,424

Bearish warrior 0x4321: • Shorted 447.38 BTC ($38.67 million) with 20x leverage • Entry price: $86,373.6 • Already at a $33,700 loss at the time • Liquidation price: $92,884

In the end, the short was directly wiped out, while the long is still celebrating. With moves like this, who’s the real gambler?

BTC-0.23%
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GasFeeTherapistvip
· 1h ago
The shorts got completely wiped out this time, $3.2 million just gone like that, hilarious.
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gas_fee_therapyvip
· 21h ago
The short sellers really got hurt this time. Is it really over after losing $3.2 million?
View OriginalReply0
RamenStackervip
· 22h ago
This airdrop is really like handing out money from the god of wealth—$3.2 million just disappeared like that.
View OriginalReply0
Deconstructionistvip
· 22h ago
What are the bears still holding out for? They should have admitted defeat by now.
View OriginalReply0
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