🚀 Crypto Whale Adjusts Stop-Loss to Secure Profits
On April 12, a prominent crypto trader known as 'Set 10 Big Goals' (@Jason60704294) announced adjustments to their stop-loss positions to prevent targeted liquidation. According to BlockBeats, the trader has already secured profits from their current short positions.
Previously, it was reported that the trader held a short position of 2,567.49 BTC with an entry price of $71,554.61, and a short position of 38,465.22 ETH with an entry price of $2,248.74.
#Crypto#Bitcoin#Ethereum#Trading#StopLoss#ProfitTaking#CryptoWhale#BTC#ETH
Bitcoin Dips Below $100,000
🚨 55,375 #ETH ($171.7M) transferred between unknown wallets, per Whale Alert. Bitcoin's price drops under $100K, causing a market decline over 5% and liquidations reaching $610M. Analysts note profit-taking following regulatory developments regarding Donald Trump. More details: News.
#ETH#Bitcoin#Crypto#Market#Whales#Regulation#ProfitTaking#Liquidations#BearMarket#Analysis#News#Blockchain#Finance#Investing#Trading#Tech#Investors#Volatility#Trends#VC
🚀 Abraxas Capital's Oil Short Positions Recover Following Ceasefire Announcement
On April 9, Hyperinsight reported significant financial recovery for Abraxas Capital, a major oil short institution on the Hyperliquid platform. According to BlockBeats, the recovery occurred within a week following the announcement of a ceasefire, with funds rebounding by over $12 million. The combination of oil shorts and crypto longs, which previously faced a floating loss of $9.7 million, has now turned profitable. As of the latest update, the two addresses continue to synchronize profit-taking and position reduction, maintaining a floating profit of $8.7 million.
Following the recent reduction in positions, the total holding size remains at $152 million. This includes approximately $126 million in short positions on U.S. and Brent crude oil, and $26.1 million in long positions in the crypto market. Details of the oil short positions are as follows:
Brent Oil shorts (5x leverage) have decreased from $92 million to $78 million, with an average price of around $96.
WTI Crude shorts (5x leverage) have reduced from $51 million to $48.5 million, with an average price of approximately $95.
Addresses involved are 0x5b5d51203a0f9079f8aeb098a6523a13F298C060 and 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.
#AbraxasCapital#OilShortPositions#CeasefireAnnouncement#FinancialRecovery#Hyperinsight#BlockBeats#CryptoLongs#ProfitTaking#WTICrude#BrentOil#OilMarket#LeverageTrading#PositionReduction#FloatingProfit#CryptoMarket#U.S.Crude