2025-12-03 08:10:12

good

GateNewsBot

2025-12-03 07:15:12

An address "gave up" and closed its Bitcoin short position, incurring a loss of $3.2 million.

BlockBeats news, on December 3, according to monitoring by lookonchain, address 0x4321 has conceded—closing out his Bitcoin short position with a loss of $3.2 million. Meanwhile, address 0xfB66 is still holding on to his Bitcoin long position, which currently has over $2.5 million in unrealized profit. Yesterday, two new wallet addresses in the market were locked in a long vs. short battle: · 0xfB66 opened a 15x leveraged long position: Position: 300 BTC ($25.9 million) Entry price: $84,736.9 PNL at the time: +$505,000 Liquidation price: $72,424 · 0x4321 opened a 20x leveraged short position: Position: 447.38 BTC ($38.67 million) Entry price: $86,373.6

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.