sell
Major Whale Shorts Bitcoin at $118K with Over $11K Unrealized Loss
This whale is positioned to short Bitcoin with a significant amount of over 100 BTC, entry point at approximately $118,186, and liquidation risk near $119,715 under 40x leverage with cross margin mode. The current margin balance is around $296,719, with a position value of nearly $11.87 million, but it is showing an unrealized loss of about $11,317.
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AI Analysis
This whale's short position on Bitcoin indicates a bearish outlook or perhaps a strategic move to capitalize on a potential price decline. The position size exceeds 100 BTC, reflecting strong convicti...
AI Recommendation
Investors should be cautious of this large bearish position, recognizing the high leverage and narrow margin for error. Short-term traders might view this as an indicator of potential downward pressur...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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strong buy