BlockBeats News, January 23 — According to HyperInsight monitoring, the “Lightning Reverse Whale” (0x50b30) shorted 211.71 BTC at 20x leverage at 12:31, with an average entry price of $89,845, currently showing a slight unrealized loss.
This address switches between long and short positions very quickly, and it is common to see it close a position and immediately open a large position in the opposite direction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Yaduo's "Digital Gold" outperforms spot gold, with whales opening long positions on BTC to hedge against gold short-term unrealized losses
BlockBeats reports that the 0x610 address whale attempted to go long on BTC after the loss on precious metals shorts widened. The long position opened is its third attempt to go long, with a current holding of $2 million. Additionally, this address increased its short positions in gold and silver after the US-Israel conflict news, betting on a decline in safe-haven assets.
GateNews2m ago
BitMart will launch Bitway (BTW)
Odaily Planet Daily reports that according to an official announcement, BitMart will launch Bitway (BTW) at 17:00 on March 2 (UTC+8). This launch will open the BTW/USDT trading pair.
Bitway is a Layer 1 blockchain designed specifically for Bitcoin operations, compatible with Bitcoin, offering a native Bitcoin wallet and address compatibility, as well as a full suite of Bitcoin applications.
GateNews6m ago
BIP-110 Bypassed: Bitcoin Image Embedding Experiment Challenges Core Limitations Assertion
Slovak developer Martin Habovštiak used non-BIP-110 technical methods to successfully embed a 66KB TIFF image into the Bitcoin blockchain, challenging the validity of BIP-110. Although BIP-110 aims to restrict data embedding, Habovštiak's demonstration shows that restrictions may actually lead to larger transaction sizes and has sparked intense community debate over embedding techniques.
MarketWhisper26m ago
Steak 『n Shake: All hourly workers can earn 21 cents worth of Bitcoin per hour
Foresight News reports that the American fast-food chain Steak 『n Shake announced on Twitter that starting from March 1, all hourly workers will receive a Bitcoin reward of 21 cents per hour. Additionally, the company will provide a $1000 grant to the "Trump Account" to support employees' children's education.
GateNews31m ago
Bitcoin Falling, Altcoins Rallying? The Pattern Most Investors Miss
_Altcoin Season Index climbed to 35 while Bitcoin dominance remained near 59.4% in March 2026._
_40% of tracked altcoins outperformed Bitcoin over the previous 60 days._
_Extreme Fear reading of 14 contrasts with steady recovery in ETH, SOL, and DOT._
The Altcoin Season Index is
LiveBTCNews52m ago
Arthur Hayes Links Iran Conflict to Potential Fed Easing, Predicts Bitcoin Upside
BitMEX co-founder Arthur Hayes published an essay on March 2, 2026, arguing that prolonged U.S. military engagement with Iran would increase the likelihood of Federal Reserve interest rate cuts and monetary expansion, ultimately benefiting Bitcoin prices.
CryptopulseElite58m ago
