On-chain analyst Ember reported that a whale opened long positions in Bitcoin and Ether worth a combined $80 million on July 6, when the market fell after MicroStrategy announced a coin sale. The positions have been held since then. According to the data shared by Ember, the Bitcoin long was opened at $62,353, while the Ether long was opened at $1,762. After the market rebounded over the past two days, the whale’s positions, established about one and a half months ago, are now sitting on an unrealized profit of $21.1 million. The report did not identify the whale by name, but the trade stands out for both its timing and size, with entry taking place during a broader market decline and the position remaining open through the subsequent recovery.
Odaily reported, citing on-chain analyst Ember, that a whale opened long positions in Bitcoin and Ether worth a combined $80 million on July 6, when the market dropped after MicroStrategy announced a coin sale, and has continued to hold those positions.
The BTC long was opened at $62,353, while the ETH long was opened at $1,762. After a market rebound over the past two days, the whale’s long positions, established about one and a half months ago, are now showing an unrealized profit of $21.1 million.
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