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"Long-term short BTC" whale adjusts orders, $59,138 "bottom-fishing" BTC volume halved to 100 coins
BlockBeats News, February 5th, according to HyperInsight monitoring, the “long-term short BTC” whale (0x5d2f4) has changed its BTC limit buy orders. The current order book shows it will buy 100 BTC when BTC drops to $64,967; and another 100 BTC when BTC drops to $59,138.
This whale entered a 20x leveraged short position at a Bitcoin price of $111,499.3, shorting 499.91 BTC. Currently, the BTC short position has been reduced to 68.33 BTC with an unrealized profit of $2.734 million, and it has collected $10.0048 million through funding rate settlements.