Data: Pingduo turns to short, whales increase BTC short positions to 53.9 million USD

According to Hyperinsight monitoring, the whale (0x50b30) has continued to increase its BTC short position today, currently shorting 583.76 BTC (approximately $53.9 million) with 20x leverage, at an average entry price of $92,434.8, resulting in an unrealized profit of $86,000.

In addition, it has simultaneously increased its long ETH hedge position, going long on 3,130.39 ETH (approximately $9.85 million) with 14x leverage, currently facing an unrealized loss of $118,000.