Whale Jasonleo reduces 2,260 BTC from a long position of 3,528 BTC, cutting two-thirds of holdings above cost price. The remaining position is worth $79.42M, and a floating profit of over $4 million has almost disappeared.
Whale Jasonleo has cut 2,260 BTC from his long, based on tracking from on-chain watcher @ai_9684xtpa. Early this morning, the trader wrote that he had sold off two-thirds of the position at a price above his cost basis.
Jasonleo had previously been long 3,528.152 BTC, worth about $225 million. After trimming 2,260 BTC, he is left with a position valued at roughly $79.42 million, carrying an entry price of $63,967.54.
That trade has all but wiped out his floating profit of more than $4 million.
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