Lookonchain said a trader wallet beginning with 0xaeaa chased the move higher and opened a long position of 450 BTC as Bitcoin moved above $80,000. The position was valued at about $36.4 million at the time of disclosure. Based on the figures shared by the on-chain tracker, the wallet is currently sitting on an unrealized profit of $276,000. The update focused on the address activity and did not include more details about the trader’s identity or trading venue.
According to Lookonchain, a trader address starting with 0xaeaa chased Bitcoin’s breakout above $80,000 and opened a long position of 450 BTC, worth about $36.4 million. The position is currently showing an unrealized profit of $276,000.
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