Huo Xing Finance reports, according to EmberCN monitoring, a large whale’s $110 million BTC long position with a market stop-loss set at $80,500 failed to trigger. At 5:00 AM today, the whale closed the BTC long position and opened a long position in U.S. stocks. At 4:00 AM today, BTC reached a low of $80,684—just $184 above the $80,500 stop-loss level—but did not decline further to trigger the order. The whale closed the long position at $80,949, resulting in a final loss of $3.26 million, before opening long positions in U.S. stock contracts worth $45.8 million, including TSLA, DRAM, and SOXL.
Whale closes $110M BTC long position, shifts to U.S. stocks with $3.26M loss
MarsBitShare
Summary
A whale closed a $110M BTC long position at $80,949 as part of a trading strategy, incurring a $3.26M loss, and shifted funds to U.S. stocks. The stop-loss at $80,500 was triggered as BTC dipped to $80,684. The trader then opened a $45.8M long position in U.S. equities, including TSLA, DRAM, and SOXL, adjusting position sizes across asset classes.
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