A whale simultaneously entered a 40x leverage long position on Bitcoin and a 20x leverage position on SOL. They are currently experiencing a total loss of $2.15 million in the past 24 hours.

By: theblockbeats.news|2025/07/16 15:21:57
0
Share
copy

BlockBeats News, July 16th. According to on-chain data, a whale increased their 40x short position on BTC by 48.88 coins on Hyperliquid, while also adding 5110.52 coins to their 20x long position on SOL.

As of the time of writing, the address also holds multiple short positions on various major assets, such as a 25x short position on ETH worth $16.35 million and a 20x short position on XRP worth $2.02 million. Due to their positions, the address has incurred a total unrealized loss of over $2.15 million in the past 24 hours.

-- Price

--

You may also like

How much longer can Ethereum's last big buyer hold on?

According to Bitmine's current buying pace, the 5% target is expected to be reached next month, and at that time, there may be no further increases in holdings. So, who will fill the buying gap for Ethereum?

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts

SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.

World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live

The 2026 FIFA World Cup is hours away. WEEX unveils the “World Cup x Dice Rush” campaign with a 1,000,000 USDT prize pool. Plus, Michael Owen reunites with WEEX COO for an exclusive pre-match livestream. Join now!

Galaxy in-depth report: Is Solana still worth paying attention to?

Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Young people in South Korea make a "final effort" in the epic bull market

The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

How to reconstruct the prediction market using leverage?

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com