BlockBeats News, February 4th, according to HyperInsight monitoring, the “long-term short BTC” whale (0x5d2f4) has placed a new limit buy order for BTC. The current order book shows that it will buy 100 BTC when BTC drops to $64,967; and buy 200 BTC when BTC drops to $59,138.
This whale entered a 20x leveraged short position of 499.91 BTC at a Bitcoin price of $111,499.3. Currently, the BTC short position has been reduced to 109.91 BTC, still with an unrealized profit of $3.686 million. Meanwhile, it has collected $10.0011 million through funding rate settlements.
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