ChainCatcher report: According to on-chain analyst Ai Yi, a large whale previously shorted Bitcoin with a position size of $114 million. After three stop-losses, the whale re-entered the market at dawn by adding 330 BTC, pushing their long position back above $110 million to a total of 1,742 BTC, with an average entry price of $63,709. The position is currently showing a paper profit of $292,000 and has generated $118,000 in funding fees.
Whale Adds 330 BTC to Long Position, Total Value Exceeds $110M
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Summary
A whale recently adjusted its Bitcoin position strategy, adding 330 BTC to its long position following three stop-loss events. The total long position now exceeds $110M, with a size of 1,742 BTC. The average entry price is $63,709, resulting in a floating profit of $292,000 and $118,000 in funding fees.
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