Data: A whale's 40x BTC short position has flipped to long, with current holdings exceeding $8 million.

MeNews · 2026-04-08T03:20:17+00:00

On April 8th, market volatility increased. A whale with an address starting with 0xf51 quickly adjusted its positions, turning BTC shorts into longs, holding approximately $8 million in long positions, but at a floating loss. At the same time, the whale also holds short positions in SOL and XYZ100, both with small floating losses.

MeNews

2026-04-08 03:20:17

Abstract generation in progress

ME News message, April 8 (UTC+8), according to monitoring by Hyperinsight, market volatility has intensified. A whale address starting with 0xf51 rapidly adjusted its positions within just 10 minutes, flipping its BTC short position opened with 40x leverage into a long position, then slightly reducing its exposure. Currently, this address still holds approximately $8 million worth of BTC longs, with an entry average price of $71,961, and is currently in an unrealized loss. In addition, this whale also holds a 20x leverage SOL short worth about $4 million, as well as a xyz:XYZ100 short worth $1.8 million. All of the above positions are currently in slight unrealized losses. (Source: ChainCatcher)

BTC4.5%

SOL5.6%

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