Skip to content

Whale "Sets 10 Major Goals First": Has Reduced Bitcoin Long Position by Two-Thirds, Holding Size Drops to Around 1,240 BTC

Aug 11, 08:14

August 11th, Contract Whale "First Set 10 Big Goals" (@jasonleo) stated in a post that due to BTC's failure to hold above $65,000, they have sold about two-thirds of their long position above cost, reducing their holdings from about 3,500 BTC to about 1,240 BTC, and have kept some positions to continue monitoring.

The position screenshot they shared shows that they are currently long 1,241.644 BTC with 5x leverage, with an average opening price of around $63,967.54, a margin of about $15.87 million, an unrealized loss of about $52,000, and a liquidation price of around $29,267.82.

Source