Gate News reported that on March 20, according to Hyperinsight monitoring, the whale address "Ultimate Short" (0x5d2), which had been shorting BTC for over a year, continuously added to long positions in the Nasdaq 100 Index (XYZ100) overnight and this morning. The current position size has reached 13.6 million dollars, with an average price of 24534 dollars and a liquidation price of 22063 dollars. Affected by today's decline in the three major indices, the position currently has a floating loss of 96000 dollars (-6.5%). This address previously held BTC short positions worth as high as 136 million dollars at an average price of 111500 dollars. Since November of last year, it has been continuously taking profits in batches, and has completely closed out positions in recent times, with cumulative profits of 61.4 million dollars over the full cycle. This Nasdaq long position marks the first time this whale has established a ten-million-dollar-level long position since taking profits on BTC positions, signaling its shift from shorting cryptocurrencies to going long on US tech stock indices.

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WaitPatientlyForTheRvip
· 03-20 05:27
Gate News reports that on March 20, according to Hyperinsight monitoring, the whale address "Ultimate Short" (0x5d2), which has been shorting BTC for over a year, continuously added positions in Nasdaq 100 Index (XYZ100) long contracts overnight and this morning. The current position size has reached 13.6 million USD with an average price of 24534 USD and liquidation price of 22063 USD. Affected by today's decline in the three major indexes, the position is down slightly by 96,000 USD (-6.5%). This address previously held BTC short positions worth as high as 136 million USD with an average price of 111,500 USD. Since November of last year, it has continuously taken profits in batches and recently completely closed out, accumulating a total profit of 61.4 million USD throughout the entire cycle. This Nasdaq 100 long position marks the whale's first establishment of a ten-million-level long position since closing its BTC short positions, indicating a shift from shorting cryptocurrencies to going long on US tech stock indexes.
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