A whale trader known as "Set 10 Big Goals First" may have been stopped out of a Bitcoin short after BTC moved above the trader’s stop-loss level of $80,500, according to on-chain analyst Ai Yi (@ai_9684xtpa) cited by BlockBeats on Aug. 25. If the position remained unchanged, the unrealized loss on the BTC short has reached $9.86 million. Previously disclosed position data showed the trader was short 1,830.724 BTC, valued at about $148 million, with an average entry price of $76,397.56. The same disclosure also showed a short position of 12,756.739 ETH, worth about $32.05 million, opened at an average price of $2,371.57. The update only states that the BTC stop-loss level was breached and does not confirm whether the broader portfolio has changed.
BlockBeats reported on Aug. 25 that Bitcoin moved above the $80,500 stop-loss level tied to whale trader "Set 10 Big Goals First," according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa). If the position was unchanged, the BTC short is now showing an unrealized loss of $9.86 million.
Earlier disclosed position details showed the trader was holding a short position of 1,830.724 BTC, worth about $148 million, with an average entry price of $76,397.56. The same disclosure said the trader also held a short position of 12,756.739 ETH, worth about $32.05 million, with an average entry price of $2,371.57.
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