sell
Whale Shorts Bitcoin Near Critical Level with High Leverage
The whale has taken a short position on Bitcoin, with nearly 94.16 BTC at an entry point of approximately $111,049.1. The liquidation threshold is set at around $114,678.5. Using 40x leverage in cross margin mode, the margin balance stands at just over $262,063, while the total position value exceeds $10.48 million. Currently, there's an unrealized loss of about $26,158.18, reflecting a dip below entry price. Funding fees have slightly decreased the position by roughly $300.36.
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AI Analysis
The current short position by a whale on Bitcoin indicates a bearish outlook, especially after a substantial entry at over $111,000. The use of 40x leverage amplifies both potential gains and risks. T...
AI Recommendation
Given the high leverage and the narrow margin before liquidation, it is advisable to monitor Bitcoin's price movements closely. For traders, this whale's activity might be a sign to prepare for increa...
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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