Whale’s Strategic BTC Investment Reaps $8.35 Million Profit Amidst Market Movements
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
According to data from COINOTAG News on March 3rd, significant market movements were captured by ai_9684xtpa monitoring. A notable whale, operating under the strategy titled “Set 10 Big Goals First”, has successfully managed a BTC long position that has yielded an impressive return of $8.35 million. This particular position holds a substantial nominal value of 1,500 BTC, translating to approximately $133 million in current market valuation.
The entry price for this long position was set at $83,563.92, which, alongside a margin of $31.33 million, highlights the whale’s strategic capital allocation. Moreover, the calculated liquidation price stands at $82,267, providing a critical threshold that traders closely monitor. This transaction exemplifies the ongoing dynamism in the cryptocurrency market, particularly as institutional players continue to shape price trends.
