User liquidates half of BTC position, realizing a $4.88M profit

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Today’s BTC news reveals a major liquidation by user @Jason60704294, who sold half of their BTC holdings—1,417.66 BTC—for $8.99 million, realizing a $4.88 million profit. The remaining BTC position still carries a $3.31 million unrealized gain. This BTC update underscores a significant spike in on-chain activity.

Monitoring shows that user @Jason60704294 closed half of their position, approximately 1,417.66 BTC, realizing $89.9 million in proceeds based on the price at the time of the tweet, with an estimated profit of $4.88 million. The remaining 50% position still has an unrealized profit of $3.31 million. (AI Aunt)

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