A whale that profited $554,400 from a long BTC position worth $107 million reduced its position by 40% and placed breakeven sell orders
2026-07-20 05:08
Odaily Planet Daily News According to Hyperinsight monitoring, the largest long position holder, which previously held a long BTC position worth $107 million, has begun to reduce its position and take profits, and has placed breakeven stop-loss orders for the remaining positions close to the opening cost. In the past hour, it sold a total of 903.4 BTC through 10 limit sell orders, with a transaction amount of approximately $58.424 million and an average transaction price of around $64,666.1, realizing a profit of $554,400. Due to some minor position additions during this period, the net reduction was 668.2 BTC. As of press time, the whale still holds 994.2 BTC in long positions, with a position value of approximately $64.195 million, an average opening price of $64,052, and an unrealized profit of $510,000. The liquidation price has moved down to $61,604.3. It has set stop-loss orders for all remaining long positions, and a breakeven liquidation will be triggered if BTC falls below $64,050.
