Whale Address 0xdf78 Opens $8.83M in 20x Leveraged BTC and ETH Short Positions

Whale address 0xdf78 opened new 20x leveraged short positions in BTC and ETH over the past half hour, with a combined notional size of about $8.83M, Hyperinsight data cited by BlockBeats show on January 23. The BTC short position amounts to 50 BTC, valued at roughly $4.45M with an average entry price of $89,064 and a liquidation price around $98,000. The ETH short position covers 1,500 ETH, worth approximately $4.38M at an average entry price of $2,917 and a liquidation price near $3,213.