"Silver Ironhead Air Force" temporarily opens short positions on BTC and ETH, with pending orders pre-opening a position size of up to $29 million.

BlockBeatNews
BTC1,64%
ETH3,4%

BlockBeats message, March 30, according to monitoring by Hyperinsight, a whale focused on shorting, “Silver Iron Head Air Force” (0x61c), opened short positions in BTC and ETH within a short period. The average entry prices are located at $67,500 and $2,055, respectively, with a total position size of approximately $4 million.

Meanwhile, this address has already placed dense limit orders above. The two types of limit orders total 200 orders, for approximately $29 million, waiting for the price to rise and trigger:

BTC: sell orders of approximately $20 million placed in the $68,000 to $70,000 range;

ETH: sell orders of approximately $5 million placed in the $2,080 to $2,120 range.

In addition, this address has also placed 100 buy orders in a range below the BTC price of approximately $62,000 to $63,000, planning to gradually take profit as the price reaches that range.

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