BlockBeats news, on December 3, according to lookonchain monitoring, address 0x4321 has admitted defeat—closing out its Bitcoin short position with a loss of $3.2 million. Meanwhile, address 0xfB66 is still holding its Bitcoin long position, currently with over $2.5 million in unrealized profit. Yesterday, two new wallet addresses in the market were engaged in a long vs. short battle:
· 0xfB66 opened a 15x leveraged long position:
Position: 300 BTC ($25.9 million)
Entry price: $84,736.9
PNL at the time: +$505,000
Liquidation price: $72,424
· 0x4321 opened a 20x leveraged short position:
Position: 447.38 BTC ($38.67 million)
Entry price: $86,373.6
PNL at the time: –$33,700
Liquidation price: $92,884
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
Adam Back Denies Being Bitcoin Creator Satoshi Nakamoto After New York Times Investigation
British Bitcoin developer and Blockstream CEO Adam Back publicly denied on April 8, 2026 that he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin, after a New York Times investigation by journalist John Carreyrou identified him as the strongest candidate to be the inventor of the digital currency.
CryptopulseElite11m ago
Bitcoin is hovering around the $700,000 level; if oil prices fall below $100 or push toward $80,000
Bitcoin has recently been trading in a high-level range. The price rebounded from $67,000 to $70,900, driven by a U.S.-Iran ceasefire agreement. Market analysis suggests that weakness in oil prices—or easing inflation pressure—may support Bitcoin’s upside. If it breaks above $72,500, it could trigger short liquidations and push the price up to $80,000. However, instability in the Middle East and a rebound in oil prices could act as a drag. Volatility in the energy market will be a key factor influencing Bitcoin’s direction.
GateNews26m ago
Chainalysis: By 2035, stablecoin transaction volume may reach 1.5 quadrillion USD, exceeding the scale of global cross-border payments
Blockchain analytics firm Chainalysis predicts that by 2035, stablecoin transaction volume will reach $71.9 trillion. If there are two major macro catalysts, it could double to $150 trillion, surpassing the current global cross-border payments market size. Analysts note that institutional participation will significantly increase activity.
GateNews29m ago
The Bhutanese government has again sold 319.7 BTC, and the sovereign nation joins the liquidation lineup.
The government of Bhutan has recently transferred 319.7 Bitcoins to two wallets, indicating an intention to liquidate. This may be related to liquidity needs. The move comes alongside synchronized sell-offs by multiple listed companies, suggesting that sovereign holders and businesses face financial pressure amid a weak backdrop for Bitcoin prices, which has affected market sentiment.
MarketWhisper31m ago
The Bhutanese government transferred 319.7 BTC to two wallets, worth approximately $22.67 million
Gate News message, on April 9, according to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 319.7 BTC (worth about $22.67 million) to two wallets. One is a newly created wallet, possibly a CEX wallet; the other is an old wallet that was previously used to transfer funds for sale via a certain CEX or Galaxy Digital.
GateNews1h ago
