A whale with a long position of $31.48 million in BTC sees an unrealized loss of $3.6 million on a spot holding of 12,000 ETH

Odaily Odaily reports that, according to on-chain analyst Yu Jin, just before the US stock market opened on Monday, a whale transferred 4 million USDC to Hyperliquid and opened a long position of 500 BTC at a price of $62,911 per BTC, valued at $31.48 million. This whale also holds a spot position of 12,000 ETH, purchased in March at an average price of $2,068, currently facing an unrealized loss of approximately $3.6 million.