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.