On June 6, the well-known contract whale "First Set 10 Big Goals" shared a screenshot of his Bitcoin futures position on social media. The screenshot shows the trader is going long on Bitcoin with 4x leverage. The average entry price is precisely $60,153.80, and he holds a total of 2,835.32 BTC. Based on the entry price, the total notional value of the position amounts to approximately $170 million, one of the largest single-side long bets seen in the Bitcoin derivatives market that day. The sheer size of the position underscores the whale's strong conviction in the short-term direction of Bitcoin's price.
The trader, known for aggressive high-leverage plays and large capital deployments, has built a distinctive presence in crypto communities. A 4x leverage means that for every 1% move in Bitcoin's price, the profit or loss on the position is amplified fourfold. By publicly posting this trade, "First Set 10 Big Goals" is signaling robust bullish expectations for Bitcoin. Such whale movements often attract widespread attention, as they can influence market sentiment and provide a glimpse into heavyweight trading strategies. Since the contract's value tracks Bitcoin's spot price, the actual floating profit or loss will fluctuate in real time with market conditions.