Whale Opens New $34.3M Bitcoin Short Position Despite $33.64M Overall Loss

GateNews

bitcoin news Derivatives Data

2026-02-28 04:04:06

BTC-3,15%

DASH-7,37%

Gate News bot message, a whale known as “255 $BTC sold to Short” has opened a new $BTC short position with 40x leverage, using 521.69 $BTC worth $34.3M. The whale continues to hold its $DASH short position with 5x leverage, currently showing $4M profit. However, the whale’s overall position remains in a loss of over $33.64M.

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