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"Lightning Reverse" whale liquidates approximately $520,000 worth of BTC long positions, with unrealized losses currently exceeding 50%
Mars Finance News, January 19 — According to HyperInsight monitoring, the address labeled as “Lightning Reverse” whale (0x50b3…) has once again executed a position flattening operation on its BTC long position, increasing by 6.09 BTC, worth approximately $523,600. After this flattening, the average cost of its BTC long position has been lowered from $95,504.10 to $95,014.10, with a total position size of about $1.9205 million. The current floating loss on this position is approximately $48,600, with a loss percentage of 50.59%.