According to TradingBeats on Sept. 2, a whale address beginning with 0xf517 is currently holding a 106.36 BTC long position valued at about $8.133 million. At the same time, the address has publicly visible orders above and below the market worth roughly $158 million in total, close to 20 times the value of its current position.
The order layout points to a two-sided plan: add to the position on a pullback, then realize gains in stages if BTC moves higher.
Buy orders sit between $71,111 and $75,777
The address has kept three buy orders in the lower support area, with plans to purchase 1,049.84 BTC for a notional amount of about $76.88 million.
Two of those bids, at $75,777 and $71,111, were added today. Together they amount to about $51.88 million. If all three buy orders are filled, the wallet's BTC position would expand to about 1,156 BTC.
Sell orders are layered up to $108,888
On the upside, the address has placed two reduce-only sell orders at $77,777 and $88,888. Combined, they cover the current 106.36 BTC long.
Beyond that, the wallet has also placed 164 regular sell orders from $84,509 to $108,888, planning to sell 715.69 BTC with a notional value of about $71.37 million. If the lower buy orders are executed first, that upper sell grid would mainly be used to take profit on the newly added position in stages.
Based on a static calculation of the current order setup, the address would still retain about 334 BTC in long exposure even if all take-profit sell orders on the upside were executed.
BTC was trading near $76,500
BTC was quoted near $76,500 at the time of the report. That leaves the first lower buy order at $75,777 less than 1% away from the current market price, while the higher profit-taking grid extends all the way to $108,888.
TradingBeats also said its on-chain perpetuals and address analytics tool is now live, with support for real-time Hyperliquid data and address-level tracking of whale activity.