"Long-term short BTC" whale cancels $55,125 "bottom-fishing" BTC limit buy order

BTC1,41%

BlockBeats News, February 14 — According to HyperInsight monitoring, the long-term short whale (0x5d2f4) has canceled a $55,125 limit buy order to “bottom fish” BTC on Hyperliquid. The whale still plans to buy 50 BTC when the price drops to $53,525 and 100 BTC when it drops to $50,525.

The whale entered a 20x leveraged short position of 499.91 BTC at a Bitcoin price of $111,499.3, and has now fully closed the position, with a total profit of $61.41 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin: Digital Gold or Tech Stock? Identity Crisis Deepens

Bitcoin (BTC) has long been pitched as digital gold—a hedge against monetary instability and market turmoil. Yet recent price action complicates that narrative. As institutions have increasingly adopted traditional vehicles like exchange-traded products, BTC’s trading patterns have begun to align mo

CryptoBreaking55m ago

Bitcoin, Ether ETFs Rebound With Modest Friday Inflows

Crypto ETFs experienced a broad-based recovery, with bitcoin leading a $15 million net inflow and ether following with $10.26 million. XRP and solana also posted gains, indicating a cautious return of investor interest across digital assets.

Coinpedia56m ago

Bitcoin Tops $69K as CPI Slows, Fed Rate-Cut Odds Stay Low

Bitcoin (CRYPTO: BTC) kicked off Friday’s session with a modest smile, boosted by a softer-than-expected January CPI print that renewed appetite for risk assets. Traders priced in cooler inflation while keeping a wary eye on the path of policy, with the largest cryptocurrency carving a path toward n

CryptoBreaking1h ago

Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts

A CryptoQuant report suggests Bitcoin's "ultimate bear market bottom" is $55,000, indicating a potential decline of 21%. Current market indicators signal that Bitcoin has not yet entered the extreme bear phase, which typically precedes a market bottom.

Decrypt1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)