The mysterious giant whale that has continuously targeted BTC for four rounds since March this year has just made another move—15 minutes ago, it sold 20 BTC for a total of $501,000. This operation has brought its total earnings for the year to over $57.58 million.
What’s even more exaggerated is that he still holds an open short position of 1081.98 BTC, with an unrealized profit of up to 26.83 million dollars. The opening price is stuck at 111,499.3 dollars, and although the funding fees have consumed over 9.42 million dollars, the overall account balance is still very comfortable.
However, what is most noteworthy is his next move: a limit buy order for 1,300 BTC has been placed directly in the price range of $67,244 to $67,844. In other words, if the price drops to this range, he is ready to close his short position for a profit and then immediately reverse to go long.
This radical approach is either a sign of extreme confidence in the bottom position or there is indeed something to it.
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liquiditea_sipper
· 7h ago
The big fish is really fierce in monitoring the market.
The BTC short position Whale that earns 57 million dollars a year is on the move again, this time targeting the 67K price range.
[Chain News] has spotted another big fish moving.
The mysterious giant whale that has continuously targeted BTC for four rounds since March this year has just made another move—15 minutes ago, it sold 20 BTC for a total of $501,000. This operation has brought its total earnings for the year to over $57.58 million.
What’s even more exaggerated is that he still holds an open short position of 1081.98 BTC, with an unrealized profit of up to 26.83 million dollars. The opening price is stuck at 111,499.3 dollars, and although the funding fees have consumed over 9.42 million dollars, the overall account balance is still very comfortable.
However, what is most noteworthy is his next move: a limit buy order for 1,300 BTC has been placed directly in the price range of $67,244 to $67,844. In other words, if the price drops to this range, he is ready to close his short position for a profit and then immediately reverse to go long.
This radical approach is either a sign of extreme confidence in the bottom position or there is indeed something to it.