A whale added to a Bitcoin long position about 50 minutes earlier, according to monitoring data from EmberCN cited by ChainCatcher. The address now holds 1,662.5 BTC, with the position valued at about $108 million. Data shared in the update showed the average entry price for the BTC long at $63,958, leaving the position with an unrealized profit of roughly $1.38 million at the time of the report. The same data also showed a liquidation price of about $63,142. EmberCN noted that the liquidation level sits relatively close to the current market price because the position uses high leverage. No further identity details about the whale were disclosed in the brief.
A whale added to a BTC long position about 50 minutes earlier, according to EmberCN monitoring cited by ChainCatcher.
The address now holds 1,662.5 BTC, and the position is valued at about $108 million.
The data showed an average entry price of $63,958 for the BTC long, with unrealized profit at about $1.38 million. Because the position uses relatively high leverage, its liquidation price is close to the current market price, at about $63,142.
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