TradingBeats: BTC-ETH Whale Had $4.99M of Shorts Partially Liquidated

TradingBeats monitoring cited by BlockBeats said a whale’s BTC and ETH shorts were partially liquidated over two hours on Oct. 21. The forced covers were 55.19 BTC and 153.19 ETH, each 20% of the corresponding pre-liquidation position.

Losses and remaining exposure

The two forced-cover trades totaled about $4.9912 million, with a reported trading loss of about $46,500 and fees of about $1,398. The remaining shorts were valued at about $19.8846 million and showed a floating loss of about $105,800.

These are time-sensitive monitoring figures attributed to TradingBeats. The flash did not identify the account, exchange records or calculation method, so the snapshot is not an independent verification or trading advice.

Read the original BlockBeats flash.