A large crypto derivatives trader known as "Set 10 Big Targets First" has started taking profit on a BTC short position, according to on-chain analyst Ai Yi (@ai_9684xtpa). In the past 12 minutes, the whale closed 300 BTC and realized $157,000 in profit. The position is still substantial: 2,379.23 BTC remains open, worth about $157 million at current size estimates. The account is also sitting on an unrealized profit of $1.34 million. The update was reported by BlockBeats on July 23 and reflects a rapid partial unwind rather than a full exit.
BlockBeats reported on July 23 that the derivatives whale known as "Set 10 Big Targets First" has begun taking profit on a BTC short, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa).
Over the past 12 minutes, the whale closed 300 BTC and locked in $157,000 in profit. The trader still holds a remaining position of 2,379.23 BTC, valued at about $157 million, with an unrealized gain of $1.34 million.
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