BTC Whale Takes Profit, Closing 220 BTC on 20x Long Position Amid Price Pullback

According to recent data from EmberCN, a significant BTC whale with a 20x leveraged long position has partially liquidated 220 BTC amid a minor price correction. This strategic move reflects prudent risk management as the whale’s total exposure remains substantial at 2,597 BTC, valued at approximately $282 million. The initial entry price was $108,100, with a liquidation threshold set at $105,300, underscoring the high-risk, high-reward nature of leveraged trading in the crypto market. Despite the partial closure, the position retains an unrealized profit of $1.85 million, highlighting the volatile yet potentially lucrative environment for institutional investors. This development offers critical insight into whale activity and market sentiment, serving as a key indicator for traders monitoring BTC price dynamics and leveraged positions.

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