A certain whale began to reduce its holdings after buying 132 WBTC, and started shorting on the GMX platform
According to third-party monitoring data, a certain whale continues to spend 8.8 million USDC to buy 132 WBTC and has started reducing positions on the GMX platform for shorting:
• Over the past few days, he has spent a total of 17.95 million USDC on-chain to buy 278.8 WBTC at an average price of $64,400.
• The BTC short position on the GMX platform was reduced from $20.5 million to $13.8 million; ETH short position was reduced from $7.61 million to $6.9 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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